Payments provider Visa has invested in ride-hailing player Gojek as part of its Series F fundraising round as the latter rolls out payments services via Go-PAY across South-east Asia.
Through the collaboration, Gojek and Visa will tie-up on innovative payment solutions to serve customers in the «unbanked and underserved» population. However, Visa did not disclose the investment amount and funds raised to date in the Series F round.
«GO-PAY and Visa share a collective vision of enabling convenient and seamless transactions for consumers across socio-economic groups. Having driven the adoption of digital payments in Indonesia to improve incomes and lives, we are delighted to work with Visa to collaborate on further expanding our solutions to consumers across Southeast Asia.,» said Gojek President Andre Soelistyo in a media statement on Wednesday.
Other Participants of Series F
Gojek recently secured investments from Mitsubishi Motors Corporation and Mitsubishi Corporation, and another from Mitsubishi UFJ Lease & Finance, as part of its ongoing Series F funding round. Mitsubishi hopes to tap on Gojek's expertise and presence in the mobility and consumer services market in the region. Both amounts were undisclosed.
Mitsubishi Corporation is an existing Gojek investor, having participated in the first phase of its Series F round, which raised over US$1 billion when it closed on Feb 1, led by Google, JD.com and Tencent.
