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Thailand's KBank set to take majority control at Indonesia's Bank Maspion

For as much as $220m, KBank and KVF will control a 67.5% stake in Bank Maspion
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Indonesian Stripe Rival Xendit Raises US$ 300 Million, Eyes Regional Expansion

Indonesia's Xendit, has raised $300 million in preparation for regional expansion ....

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Indonesian Stripe rival Xendit raises $300 million, eyes regional expansion

SINGAPORE (Reuters) - Indonesia's Xendit, which bills itself as Southeast Asia's alternative to payments processing platform Stripe, has raised $300 m. ....

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Indonesian unicorn Xendit acquires minority stake in Bank Sampoerna

Post the transaction, Xendit owns a 14.96% stake in the lender.
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Indonesian unicorn Xendit looks to acquire Bank Sahabat Sampoerna: report

Bank Sahabat Sampoerna has to add around 900 billion rupiah to meet the OJK's minimum capital requirement of 3 trillion rupiah. ....

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