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Indonesia’s Ajaib has Pocketing Funding US$90M

JAKARTA (TheInsiderStories) - Ajaib Group has closed its Series A funding round with a total amount of US$90 million, considered to be the largest series A...

Indonesia’s Pluang Raises US$20M From Openspaces, Go Ventures

JAKARTA (TheInsiderStories) - Indonesia' financial technology (FinTech) firm, Pluang, announced has raised pre-Series B funding US$20 million led by Openspace Ventures with participant Go Ventures...

Paypazz Invests US$30M in Singapore’s Xfers

JAKARTA (TheInsiderStories) - Finance technology (FinTech) firm, Payfazz, invested US$30 million in Singapore-based Xfers to provide financial access for businesses through a robustly built payment infrastructure...

Singapore’s Genesis Ventures, Bank CIMB Niaga Eyes Local Startup

JAKARTA (TheInsiderStories) - Singapore' venture loan company, Genesis Alternative Ventures partnering with publicly listed lender, PT Bank CIMB Niaga Tbk (IDX: BNGA), to channel financing to...

Indonesia’s Credibook Raises Series A Funding US$1.5M

JAKARTA (TheInsiderStories) - Indonesian startup, Credibook, get Series A funding US$1.5 million led by Wavemaker Partners with participation from Alpha JWC Ventures and Insignia Ventures...

Fitch: Fintech Acquisitions May Affect Competition Among ASEAN Banks

JAKARTA (TheInsiderStories) - Recent acquisitions of small banks in Indonesia by tech firms have highlighted the potential for financial technology (FinTech) entrants to shake up the...

Grab Financial Group Gets Series A Funding US$300M

JAKARTA (TheInsiderStories) - Grab Financial Group has raised over than US$300 million in Series A funding round led by Japan' Hanwha Asset Management together with K3...

AC Ventures, Golden Gate Invests US$20M in Indonesia’s Alami

JAKARTA (TheInsiderStories) -AC Ventures, Golden Gates Ventures, and Quona invested in equity and debt funding over than US$20 million in Alami Technologies, a sharia financial technology...

Indonesia’s Finantier Get Fundings from Y Combinator, Two Culture Capital

JAKARTA (TheInsiderStories) — Finantier, has received funding from United States accelerator Y Combinator, said the Indonesia' open finance startup today, without mentioned the funding number. The...

The Amount of P2P Lending in Indonesia to Reaches US$6.14B in...

JAKARTA (TheInsiderStories) - The Indonesian Joint Funding Financial Technology (FinTech) Association estimates that peer to peer (P2P) lending in 2021 could reached Rp86 trillion (US$6.10 billion)...

East Ventures Gives Seed Funding to Desty and Finantier

JAKARTA (TheInsiderStories) - Finantier, Indonesia-based open finance startup, announced a pre-seed funding round led by East Ventures with participation from AC Ventures, Genesia Ventures, and other...

Indonesia Regulates P2P Lending and Minimum Capital of FinTech Firm

JAKARTA (TheInsiderStories) - The Financial Services Authority (FSA) has plans to regulate the implementation of peer-to-peer lending (P2P) for financial technology (FinTech). The agency also...

MDI Ventures, Finch Capital Launched Arise Fund in Indonesia

JAKARTA (TheInsiderStories) - MDI Ventures together with a thematic investor from Netherland, Finch Capital, launched Arise Fund, an investment fund with a focus on early stage...

BRI Ventures Closes Tech Fund US$21M from Malaysia’s Grab, Others

JAKARTA (TheInsiderStories) - BRI Ventures, the venture capital armed of state lender, PT Bank Rakyat Indonesia, is reported had completed the first technology fund of Rp300...

Kredivo Closes US$100M Warehouse Financing Facility with US’s Victory Park Capital

JAKARTA (TheInsiderStories) - Kredivo, a digital credit platform for retail borrowers across Indonesia and Victory Park Capital Advisors, LLC, a private credit specialist from United States,...

Grab Indonesia Leads US$100M Series B Round in LinkAja

JAKARTA (TheInsiderStories) - Grab Indonesia led the Series B Round worth of US$100 million for LinkAja, the financial technology (FinTech) apps owned by the state-owned enterprises...

Buku Warung Gets More Funding from Global Investors

JAKARTA (TheInsiderStories) - An accounting and credit management app for Indonesian micro-businesses, Buku Warung, has raised an undisclosed amount of funding from global investors...

Indonesia’s BukuKas Receives Pre-Series A Funding US$9M

JAKARTA (TheInsiderStories) - A startup company in the field of digital financial applications for micro, small, medium, enterprise (MSMEs), BukuKas, has secured pre-series A...

Indonesia’s FUNDtastic Acquires Invisee for US$6.5M

JAKARTA (TheInsiderStories) - Indonesian financial planner, FUNDtastic has acquired shared of PT Nusantara Sejahtera Investama, the operator of mutual fund selling agent, Invisee, said...

US’s Weyland to Run Atozgo Delivery Service in Jakarta

JAKARTA (TheInsiderStories) - Weyland Tech, Inc. (OTCQX: WEYL), a global provider of eCommerce, mCommerce and financial technology (FinTech) solutions, has partnered with a global consumer internet...

BukuWarung Dapatkan Pendanaan Dipimpin oleh Quona Capital

JAKARTA (TheInsiderStories) - BukuWarung, aplikasi akuntansi dan manajemen kredit untuk usaha mikro Indonesia, mengumumkan putaran pendanaan Pra-A yang dipimpin oleh Quona Capital, sebuah perusahaan...

Indonesia’s BukuWarung Raises Pre-A Round from Quona Capital

JAKARTA (TheInsiderStories) — BukuWarung, an accounting and credit management app for Indonesian micro-businesses, announced its Pre-A funding round led by Quona Capital, a VC...

Indonesia’s Danain Get Fresh Funding from Sampoerna Group

JAKARTA (TheInsiderStories) - Financial technology (FinTech) P2P lending, Danain get fresh funding from PT Bank Sahabat Sampoerna, said the company early this week. But the...

Indonesia’s KoinWorks Raises Debt and Equity Funding US$20M

JAKARTA (TheInsiderStories) - KoinWorks raised debt and equity funding worth of US$20 million from investors such as Quona Capital, EV Growth, Saison Capital, One of the...

Investree Bags US$23.5M from Japan’s Mitsubishi, BRI Ventures

JAKARTA (TheInsiderStories) - P2P lender, Investree, has raised the first tranche of its new series C funding round worth of US$23.5 million to fuel its business...

Singapore’s Atome Expand to Indonesia through Kredit Pintar

JAKARTA (TheInsiderStories) - Singapore' financial technology (FinTech) firm, Atome, expanding their businesses in Indonesia through Kredit Pintar, to tap into the Southeast Asia largest economy'...

Singapore’ FinAccel Raises US$90M to Bring Kredivo Enters Southeast Asian Market

JAKARTA (TheInsiderStories) - Singapore' FinAccel, a financial technology (FinTech) company with brand Kredivo, has raised US$90 million in a Series C equity funding round led by...

Indonesia’s Komunal Raises Seed Funding Led by East Ventures

JAKARTA (TheInsiderStories) — Komunal, an online peer-to-peer (P2P) lending company based in Surabaya, has secured an undisclosed amount of seed funding led by East Ventures,...

Tanoesudibjo’s FinTech Firm Listing in Swiss Stock Exchange

JAKARTA (TheInsiderStories) - The financial technology (FinTech) firm affiliated with MNC Group, Achiko Ltd., listed its shares on the Swiss Stock Exchange (SIX), it...

Indonesia’s KoinWorks Obtains Funding From Japan’s Saison Capital

JAKARTA (TheInsiderStories) - Indonesian FinTech company, KoinWorks obtained Series B and Series B2 funding worth of S$18.5 million (US$13.61 million from Japan venture capital,...
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