Tag "Akulaku"
Fresh off its SoftBank Funding, Grab is Already Eyeing to Raise US $6.5 Billion
A scant few weeks after closing its Series H led by SoftBank Vision Fund, Grab already has its eye on raising a grand total of US$6.5 billion by the end of the year. Before the ride-hailing giant embarks on its
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An Indonesian Plot Twist: Fintech Akulaku Buys Stake into a Bank
Alibaba-backed Akulaku is the top funded fintech startups in Indonesia, and now a shareholder of a local bank as reported by Katadata. Akulaku reportedly made an Rp 500 billion (approximately SG$48 million) stake into PT Bank Yudha Bhakti Tbk (BBYB),
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10 Top Funded Fintech Companies in Indonesia
Indonesia’s fintech is probably one of the fastest growing tech sectors recently, thanks to the proliferation of peer-to-peer (P2P) lending. According to the Indonesian Financial Services Authority (OJK), transactions through P2P lending totaled US$951 million (Rp 13.8 trillion) in the
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5 of Indonesia Fintech’s Biggest Funding Rounds of 2018
DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending. Between December 2017 to November 2018, DailySocial observed at least 14 disclosed funding for fintech startups, noting
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Top Funded Fintechs in Asia By Country
With the existence of such a huge region with huge swaths of unbanked and uninsured populations, investors are waking up to the potential that Asia has in fintech. According to Bain & Company, 2017 saw a sharp spike of recorded
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Fintech Takes Off In Indonesia
Investment in fintech startups is set to hit a record hit in 2017 with an estimated 50 deals to close this year, according to an analysis by CB Insights. While the overall industry is gaining traction from both consumers and
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