Tag: Indonesia

Indonesian investment app Ajaib has reportedly become the country’s fastest unicorn, reaching the milestone in just two and a half years.

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.

Indonesia-based FinTech PAYFAZZ has invested $30m into Singapore-based Xfers to create Fazz Financial Group.

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.

Indonesia-based Cermati.com, which claims to make financial information more available, has reportedly closed its Series C.