He is responsible to oversee the business expansion, strategic partnerships and product development at OVO, and lead OVO to drive financial inclusion deeper and serve 260M Indonesians. During the ongoing Money20/20 event in Singapore, the company’s chief executive officer Jason Thompson attributed Ovo’s success to, among others, the modern organised retailers. So cashback or other promotions are still important but we have to rationalize them and there must be a path of subsidies’ corrections.What I see is that the fintech revolution is happening here and that more organizations are trying to come to Indonesia, both legally or illegally. They provide the warungs with digital support and infrastructure including payments, and I’m really excited about the work we’re doing here.As with payments, we’ll apply the open ecosystem for financial services. We also have Ovo Dana Tara, a capital loan specifically for our merchants, and Ovo Talangan Siaga, a special short-term loan for Grab partners and agents.
Jason Thompson merupakan seorang lulusan dibidang tenik sipil dari Universitas Granthan, Inggris. The whole team was really excited, and this accolade is great for business. This new team of experts, among them Lippo Digital group chief executive Adrian Suherman as president director of OVO, Grab's Jason Thompson as chief executive and Agustinus Risang Danurjati as director of human resources, will bring in a wide range of skill sets. The following year, the Lippo-backed cashless payment service announced a partnership with Tokopedia, Indonesia’s largest e-commerce platform. The development of regulations is the key to ensuring a healthy business and ecosystem, and I genuinely think that Bank Indonesia has been doing well and been supportive so far. Ovo is not bound by the capacity of a phone. “The partnership will add Tokopedia’s close to 80 million active monthly users to OVO’s existing userbase of 60 million. It is really about working strategically to drive financial inclusion but I wouldn’t expect to invest in more five or ten companies in the future because we’re not a platform for entrepreneurs. In this role, Jason oversaw the development of new payments technologies to deepen financial inclusion and increased access to mobile payments services across Southeast Asia. In 2011, Jason was also the Managing Director EMEA & Asia for Euronet, where he led Euronet’s electronic payments subsidiaries in Europe, Middle East, Africa and Asia, developing Euronet’s e-pay services to a full-service provider in the company’s key product verticals for five years. Jason Thompson is currently leading Indonesia’s leading payments platform. The first is to get people to register on the platform, the second for them to top up, and the third is to encourage them to pay with our platform. Indonesian digital payments player Ovo is undoubtedly a newsmaker in the country’s digital ecosystem. We don’t believe in exclusivity as it is not good for the market and consumers.©2018 KrASIA. It will also add more than 4 million Tokopedia merchants to what is already a market-leading merchant network, covering malls, smaller retailer, as well as GrabFood partners and Kudo agents,” the company said in the statement.After online stores, Indonesia’s leading digital payments platform Ovo has been making strides into offline stores, increasing the number of merchants that accept the payment method. “We took payments and turned it into service, and then we embedded that service into registration, KYC, to top up, to multiple applications. Jason Thompson is currently the CEO at OVO, Indonesia’s fastest-growing payments platform. We have to ensure that we protect our ecosystem, economy, and domestic income. By Alison Tudor-Ackroyd Now that people store their money with Ovo, we believe that we can drive financial literacy for savings, investments, and others.Investments in these two companies involve specific purposes.
Jason Thompson, the CEO of Indonesian digital payment platform OVO, told KrASIAthat the firm has adopted a “war room” mentality—with the introduction of a dedicated task force to review its business strategy and optimize resource allocation. Ovo’s CEO Jason Thompson sees a fresh fundraising drive next year to support growth. Highlight-nya adalah bergabungnya Managing Director GrabPay Jason Thompson sebagai CEO OVO.Sementara itu, Group CEO Lippo Digital Group Adrian Suherman menjadi Presiden Direktur.
“We see this landmark partnership as a validation of our strategy to enable payments for all Indonesian companies, both online and offline. The company has grown rapidly in the past year and it has achieved many important milestones: it acquired lending platform Taralite and online investment platform Bareksa, invested in two tech startups, and rolled out the PayLater feature.We’ve got some great metrics, as well.
I believe fintech in Indonesia is maturing and will reach its inflection point in three to five years.What will happen in 2020 is that the market will start to fracture.
“We serve 98 per cent of adult population in Indonesia,” said Thompson, who joined Ovo late June after heading GrabPay.“With our partnership with (online-to-offline startup) Kudo, which has 1.9 million agents covering Indonesia, we can rapidly recruit these merchants,” he added.
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