Tag: Indonesia
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.
