Fintech funding in Southeast Asia declined 20% year-on-year to US$851 million in the first half of 2024, according to a report by Tracxn, a global SaaS-based market intelligence platform. This […]

Indonesia’s B2B fintech company Paper.id has successfully raised an undisclosed sum in its Series B fundraising, led by Square Peg. The round saw participation from new investor SMBC Asia Rising […]

Indonesian InsurTech firm Qoala has completed its Series C funding round, securing $47 million in investment. PayPal Ventures, PayPal’s corporate venture arm, backed Qoala with the investment. PayPal Ventures and […]

Indonesian fintech startup Wagely has secured $23 million in funding. The latest funding round, a combination of equity and debt financing, was led by Capria Ventures, a venture capital firm […]

Indonesian fintech lending platform Investree has secured a substantial €220 million (approximately $230.8 million) in a Series D funding round, marking a significant milestone for the company. Qatar’s JTA International […]

The Southeast Asian fintech startup has been a dynamic landscape, with countries like China, India, Singapore, and Indonesia emerging as fintech hubs, each with unique strengths and focus areas. Besides, […]

Indonesian fintech startup Orderfaz has successfully concluded a pre-seed funding round, as announced on Thursday. The round was led by Singapore-based venture capital firm 1982 Ventures, which acted as the […]

Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) has announced its plans to acquire Mandala Multifinance, an Indonesian auto loan provider, for 7 trillion rupiahs ($467 million). As part of […]

Southeast Asia-focused venture capital firm Go-Ventures has successfully concluded the final close of its second flagship fund, raising a total of $240 million. As part of the announcement, the company […]

Indonesian startup, Finfra, has secured $1 million in new funding to expand its embedded finance offerings. The funding round saw participation from several prominent investors, including DSX Ventures, Seedstars International […]