Tencent-backed Flip enters Indonesia's crowded lending space

Tencent-backed Flip enters Indonesia's crowded lending space

Flip's group CEO Pratyush Prasanna and Rafi Putra Arriyan, co-founder and president director of Flip’s consumer business. Photo courtesy of Flip.

Indonesian fintech payment firm Flip is expanding into consumer lending business as its next growth engine, according to top executives.

Edited by: Padma Priya