FinAccel eyes Indonesian digital banking space via Bank Bisnis deal
FinAccel, which owns Indonesian fintech Kredivo, has acquired a majority stake in PT Bank Bisnis Internasional (Bank Bisnis). The deal aimed at…
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Indonesia’s Akulaku secures $100m investment from Siam Commercial Bank
Indonesian digital banking and finance platform Akulaku has secured $100m funding from Siam Commercial Bank (SCB), a full-service bank in Thailand. SCB’s…
Standard Chartered taps Kredit Pintar to offer digital loans in Indonesia
Standard Chartered has announced the launch of digital consumer loans in the Indonesian market in partnership with fintech platform Kredit…
Open finance platform Ayoconnect raises $15m
Ayoconnect, a leading open finance API platform in Indonesia, has raised $15m in a Series B financing round to support…
Singtel buys minority stake in Fama to tap banking opportunities
Singapore Telecommunications (Singtel) has acquired a 16.26% stake in Indonesian lender PT Bank Fama International. Singtel’s wholly-owned subsidiary Singtel Alpha…
Javier Garza Calderon among those eyeing Citi’s Mexican arm
Javier Garza Calderon, founder of "Entrepreneurs for the Fourth National Transformation (E4T)," is looking to bid for the local retail…
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Open finance technology provider Brankas raises $20m in funding round
Southeast Asian open finance technology provider Brankas has closed its $20m Series B funding round led by Insignia Ventures Partners.…
Bukalapak, Salim Group, others eye stake in Indonesia’s Allo Bank
Indonesian firms including e-commerce giant Bukalapak and conglomerate Salim Group are reportedly planning to subscribe to rights issue of digital lender…