Tags Indonesia

Tag: Indonesia

Tokopedia bags $1.1bn investment from Alibaba Group

Indonesia-based online marketplace Tokopedia has raised an investment round of $1.1bn, led by Alibaba Group.

UangTeman raises $12m for Series A

Indonesia-based UangTeman has reportedly closed its $12m Series A investment round led by K2 Venture Capital.

MoneySmart raises $10.1m in Series B funding round

Singapore-based MoneySmart has reportedly raised $10.1m in a Series B funding round, with Kakaku.com leading the investment.

Taralite scores $6.3m from Japan’s SBI Group

Indonesian peer-to-peer lending platform Taralite has picked up $6.3m in funding round from Japanese conglomerate SBI Group.

Uber-rival Grab snatches Kudo to power up payments

South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.

Indonesian bill-payment app Ayopop secures $1m Seed round

Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.

Jakarta-based POS MOKA lands $2m in Mandiri-led round

Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.

Indonesia’s Bank Central Asia sets up $15m FinTech fund

Indonesia’s Bank Central Asia (BCA) is set to invest $15m in FinTech companies as it looks to reach more of the South-East Asian nation’s unbanked consumers.

Ride-hailing player Go-Jek scoops up PonselPay

Indonesian ride-hailing service Go-Jek is buying regional payments startup MVCommerce the company behind mobile payments service PonselPay.

Cermati takes $1.9m for financial service discovery

Indonesian financial services comparison site Cermati has raised $1.9m in its Series A round. The investment was led by East ventures with existing backer Beenos Partners also participating.

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