Emerging Markets Report: Making Inroads
Markets Sponsored Commentary
ORLANDO, Florida -- September 14, 2021 -- InvestorsHub
NewsWire -- Our publication is called "The
Emerging Markets Report," and quite literally we are
looking at and for ascendant stories in rapidly expanding new
markets. Our goal is to identify what we see as public company
plays with what we see as potentially Better Mousetrap, market
disruptive tech products or technology.
It is important to note that for us progress isn't always or
even usually a smoking hot annual report full of profits. For
companies at this market strata we are looking for acceptance,
seminal deals, expansion. Along those lines, it's time to
revisit Logiq, Inc. (NEO:
LGIQ), a global provider of award-winning e-commerce
and fintech solutions which by the way, we have
buying, as reported here.
First off, it's clear to any regular reader
of The Emerging Markets
Report that we love fintech. We believe it's an
essential part of the global economy with nearly ubiquitous
applications, which Logiq is in such in this space.
As such, a
recent press release announcing penetration into an
essential service in the world's 15th largest
economy is worth noting. Let's dive a little deeper.
In the press release, the Company reports that it has launched a
new exclusive mobile payment option for driver license
psychological testing in Indonesia. The tests are mandatory for
millions of Indonesians looking to obtain or renew their
Let those numbers sink in for a moment.
Logiq adds that the launch follows its announcement at
the end of June that it partnered with Mentalku, the exclusive
government-licensed provider of these tests that are mandated by
regulatory statute. Mentalku administered about 17 million such
tests last year. As part of an initial pilot program for the new
mobile payment services, Logiq has integrated its mobile payment
solution, AtozPay™, into the Mentalku
mobile app. The Mentalku app also offers telemedicine services,
digital testing and virtual counselling that can be paid for using
the newly integrated AtozPay eWallet payment gateway.
Incidentally, Mentalku's principals are the same people who've
partnered with Logiq to rollout the microlending platform for
BPJSTK, the country's social security program and benefit sponsor.
This is in fact, a government organization, which provides the
highest barrier to entry. BPJSTK has 50 million members and 600,000
small businesses on its platform so it's a major coup for
In a world of choices that Indonesia's chosen provider selected
Logiq as its payment processor for what seems like an enormous,
mandated consumer offering.
Logiq is cutting these deals in international markets and
Indonesia provides not just the real value of revenue but a case
study for the sales team to use in similar markets.
For more information, visit https://logiq.com/
About The Emerging Markets Report:
The Emerging Markets Report is
owned and operated by Emerging Markets Consulting (EMC), a
syndicate of investor relations consultants representing years of
experience. Our network consists of stockbrokers, investment
bankers, fund managers, and institutions that actively seek
opportunities in the micro and small-cap equity markets.
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security in return for consideration received or to be received
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We may purchase Securities of the Profiled Company prior to
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Information, and make profits therefrom. EMC does not verify or
endorse any claims for any of its client companies.
EMC has been paid $475,000 by Logiq, Inc. for various marketing
services including this report. EMC does not independently verify
any of the content linked-to from this editorial.
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