Alchemy Pay Gets License in Indonesia

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Alchemy Pay, a leading fintech startup in Indonesia, has announced that it has received a license from the Central Bank of Indonesia to operate as a payment system operator.

The license will allow Alchemy Pay to offer innovative digital payment solutions, including online and mobile payments, to customers in Indonesia. The company aims to make payments more secure, convenient, and affordable for consumers.

Alchemy Pay’s CEO, Nadiem Makarim, has said that this license is an important step in the company’s journey to become a major player in the Indonesian digital payments market. He added that the license will enable Alchemy Pay to further develop its products and services, and allow it to expand its reach throughout the country.

This license marks a milestone for Alchemy Pay, which was established in 2018 and has since been making significant strides in the Indonesian fintech sector. The company has already partnered with a number of banks and major companies in the country.