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Indonesia’s Akseleran Receives Funding US$8.55M

JAKARTA (TheInsiderStories) - Akseleran, a P2P Lending platform based in Indonesia, announced has received a Series A funding worth of US$8.55 million, led by Beenext at...

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,...

Indonesia’s Sarana Multigriya, Bank Tabungan Negara Releases ABS US$122M

Jakarta (TheInsiderStories) - Mortgage company, PT Sarana Multigriya Finansial (SMF) cooperating with state-owned lender, PT Bank Tabungan Negara Tbk (IDX: BBTN), released asset backed...

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,...

Indonesia’s Loan Growth Slowing Down in 1Q

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) survey showed the national bank' loan growth slower in the first quarter (1Q) of 2019. The weighted net...

Maybank Indonesia Raises Bond Issuance to US$25M

JAKARTA (TheInsiderStories) - Publicly listed lender, PT Bank Maybank Indonesia Tbk (IDX: BNII) raised its bond issuance value from Rp359 billion to Rp379 billion (US$25.27...

Indonesia’s Moladin Raises Fund US$1.2M from East Ventures, Berjaya Group, Ethos...

JAKARTA (TheInsiderStories) - Moladin, the first online platform to buy motorcycle in Indonesia, has raised a US$1,2 million funding from East Ventures, Berjaya Group and...