OJK Investigates Fraud Allegations Against Investree, TaniFund, and iGrow jakartaglobe.id - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jakartaglobe.id Daily Mail and Mail on Sunday newspapers.
Indonesian Fintech Lending Platform Investree Secures $231m Funding crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Indonesian fintech lending platform Investree has secured 220 million euro ($230.8 million) in a Series D funding led by Qatar’s JTA International Holdings.
Investree Singapore Pte Ltd (Investree Group), a holding company of Southeast Asian fintech lending platforms for micro, small, and medium enterprises (MSMEs), is set to acquire 18.4 percent minority stake in PT Bank Amar Indonesia Tbk (Amar Bank), a licensed commercial bank and digital banking pioneer in Indonesia. Investree has signed a transaction agreement with Tolaram Group Inc. (Tolaram), a Singapore-headquartered enterprise who backed Amar Bank, for the acquisition.