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A fintech startup engaged in peer-to-peer lending (P2P Lending) PT Modal Rakyat Indonesia (Modal Rakyat) has officially opened a branch office in Surabaya. The opening of this branch office is one of the strategies for the fintech startup to ...
Funding Societies (known as Modalku in Indonesia) announced the start of operations in Thailand, after obtaining a crowdfunding license from the Thailand Securities and Exchange Commission (SEC) in February 2021. Simultaneously, the company obtained initial ...
FundEx enlivens the ranks of securities crowdfunding (SCF) players in providing alternative funding for SMEs, as well as investment alternatives for retail investors. This startup has obtained a business license from OJK as of September 6, 2021, it ...
HappyFresh revealed that the business of providing basic necessities or groceries was boosted by the Covid-19 pandemic. Conglomerates such as the Djarum Group, Astra International, and the Ciputra Group have also penetrated this sector through startups. HappyFresh CEO Guillem Segarra said, the corona pandemic ...
After receiving initial funding worth $2 million or equivalent to 28 billion Rupiah at the end of 2020, the online-to-offline solution platform that digitizes the automotive aftermarket industry in Indonesia “Otoklix” has again received series ...
Insurtech startup Fuse today (13/12) announced additional funding in a series B+ round with a total value of more than $25 million (approximately 363 billion Rupiah). This round was led by a global investor who ...
The consumer payment platform provider or fintech Flip averages around IDR 691 billion. The investment was led by Sequoia Capital India, Insight Partners and Insignia Ventures Partners. This round also marks Insight Partners’ first investment ...
Singaporean fintech startup Wise Egg announced the acquisition of pre-series A funding with convertible notes led by Genesia Ventures, which was also a previous investor in the initial round. New investors who participated were Money Ventures and several angel ...
Startup developer of e-commerce platform enabler Desty announced the acquisition of further pre-series A funding of $5 million or around 71.3 billion Rupiah. This round was led by East Ventures with participation from Jungle Ventures and past investors Fosun RZ ...
The Financial Services Authority (OJK) once said that fintech lending is an industry that is relatively fast recovering during this pandemic. A study conducted by the World Bank in 2020 showed growth in transaction volume ...
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