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Indonesia-based Investree, which is aimed at supply chain finance, has received $10.5m in debt financing.
InsurTech Rey Assurance has reeled in $1m in pre-seed funding to unveil its subscription-based digital insurance products in Indonesia.
Indonesia-based Ayoconnect has secured $10m in its pre-Series B round, as it looks to deepen the APIs it offers.
Shariah-compliant crowdfunding platform Ethis Global has raised RM 6.8m ($1.6m) in its pre-Series A round.
Indonesia’s Financial Services Authority (OJK) has introduced a regulatory framework for digital banks in its updated commercial banking regulations.
A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.
Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.
Indonesia-based BukuKas has reportedly netted $50m Series B funding, which comes hot off the heels of the company’s former round.