Date | Title | Description |
14.10.2024 | Surfin: Fintech Platform For Underserved Markets Raises $12.5 Million | Surfin, a financial technology platform dedicated to serving the underserved middle class, announced it has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individ... |
09.10.2024 | Fintech platform for the underserved middle class Surfin raises US$12.5 million from Insignia Ventures Partners, as it sustainably uplifts 60 million lives across 3 continents | SINGAPORE, Oct. 9, 2024 /PRNewswire/ -- Surfin, a financial technology platform dedicated to serving the underserved middle class, has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its se... |
29.08.2024 | SG agency pledges $24.6m to boost corporate-startup partnerships | InvestmentsNewsStartups
Sharon See · 2d ago · 2 min readSG agency pledges $24.6m to boost corporate-startup partnerships
Image credit: Timmy Loen
The Economic Development Board of Singapore (EDB) is injecting S$32 million (US$24.6 million) ... |
14.08.2024 | Syfe raises $27m to grow in key markets, expand in India | FintechInvestmentsNews
Chong Xin Wei · 6h ago · 2 min readSyfe raises $27m to grow in key markets, expand in India
Syfe founder and CEO Dhruv Arora / Photo credit: Syfe
Digital wealth manager Syfe has raised US$27 million in a funding round... |
03.08.2024 | Mitsubishi UFJ Bank's Bold Move: A New Era in Japanese Lending | In a historic shift, Mitsubishi UFJ Bank, Japan's largest lender, is raising its prime lending rate for the first time in 17 years. This decision comes on the heels of the Bank of Japan's recent hike in short-term interest rates to 0.25 per... |
02.08.2024 | Филиппинский финтех Mynt оценен в $5 млрд благодаря инвестициям Ayala и Mitsubishi | Ayala Corp, один из старейших филиппинских конгломератов, заявил, что приобрел дополнительные 8% акций компании Mynt, предоставляющей мобильные финансовые услуги, также известной как Globe Fintech Innovations. Это увеличивает долю Ayala в M... |
11.06.2024 | 29 Fintech Leaders From Asia That Made The Forbes 30 Under 30 List This Year | - |
11.06.2024 | 29 Fintech Leaders Make Forbes 30 Under 30 Asia List This Year | - |
24.04.2024 | Grab-backed Superbank introduces auto-savings product in Indonesia | FintechNews
Lokesh Choudhary · 26 Apr 2024 · 2 min readGrab-backed Superbank introduces auto-savings product in Indonesia
Photo credit: Superbank
Superbank, the Indonesian digital bank backed by Grab and Singtel, has introduced a new saving... |
25.03.2024 | Financial Moves: Akulaku's USD 100M Boost | Indonesia's Akulaku secures a hefty USD 100 million in debt financing from HSBC Singapore, propelling the fintech company to new heights. This strategic move sets the stage for Akulaku's expansion and innovation in the competitive financial... |
25.03.2024 | Indonesia’s Akulaku Secures US$100M Debt Financing from HSBC Singapore | - |
25.03.2024 | Deals in brief: Alibaba-backed Akulaku secures USD 100 million from HSBC, eFishery acquires DycodeX, seven China deals, and more | NewsDeals in brief: Spacely AI raises pre-seed funding, ABM Investama agrees IDR 1 trillion credit facility with Bank Central Asia, five China deals, and more
Written by KrASIA Writers Spacely AI, ABM Investama, PoreSpect, and more led last... |
22.03.2024 | HSBC Singapore injects up to $100m debt financing into Akulaku | FintechInvestmentsNews
Gabriel Budi Sutrisno · 22 Mar 2024 · 2 min readHSBC Singapore injects up to $100m debt financing into Akulaku
Akulaku office / Photo credit: Akulaku
Indonesia-based online lending platform Akulaku has a commitment of... |
05.03.2024 | OJK Lifts Ban on Akulaku’s BNPL Service in Indonesia | - |
09.11.2023 | MAKE YOUR LIFE EASY WITH GAABOR BIG DAYS 11.11 CELEBRATION | JAKARTA, Indonesia, Nov. 9, 2023 /PRNewswire/ -- Gaabor is a leading home appliance brand in Southeast Asia. As a global brand that has experience in providing quality products, Gaabor has become a product that is accepted by the Indonesian... |
23.10.2023 | OJK restricts Akulaku’s BNPL services (Update) | FintechNewsStartups
Samreen Ahmad · 3h ago · 2 min readOJK restricts Akulaku’s BNPL services (Update)
Photo credit: Akulaku
Indonesian fintech major Akulaku has been prohibited by the country’s Financial Services Authority (OJK) from contin... |
14.09.2023 | Netbank, Akulaku team up to provide loans to underserved Filipinos | FintechInvestmentsNews
Miguel Cordon · 14 Sep 2023 · 1 min readNetbank, Akulaku team up to provide loans to underserved Filipinos
Photo credit: Akulaku
Netbank, a banking-as-a-service startup based in the Philippines, has partnered with Aku... |
03.08.2023 | Patrick Grove’s SPAC inks $685m deal with Norwegian natural gas company | InvestmentsNews
Miguel Cordon · 4 Aug 2023 · 1 min readPatrick Grove’s SPAC inks $685m deal with Norwegian natural gas company
Patrick Grove / Photo credit: Tech in Asia
Catcha Investment, a special purpose acquisition company led by serial... |
30.04.2023 | Spend management space sees a large raise, and layoffs, in the same week | Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll... |
27.04.2023 | Muslims come into the frame in Southeast Asia’s fintech boom | Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But found... |
27.12.2022 | Indonesian fintech Akulaku raises $200M from Japan’s MUFG bank
Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon ... | Jakarta-based financial technology startup PT Akulaku Silvrr Indonesia said today it has raised $200 million via a strategic investment from Mitsubishi UFJ Financial Group, the largest bank in Japan.
Akulaku is a fast-growing neobank that p... |
27.12.2022 | Akulaku Receives $200M Investment from MUFG | Akulaku, a Jakarta, Indonesia-based provider of a banking and digital finance platform, raised $200M in equity funding.
The investment was made by Mitsubishi UFJ Financial Group (MUFG). Along with the investment, Akulaku and MUFG will enter... |
26.12.2022 | Jakarta-based fintech Akulaku raises $200M from Japan’s largest bank | Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, with startup and MUFG planning to expand into new markets and product toget... |
08.06.2022 | Akulaku to increase stake in Indonesian digibank to 40% | FintechNewsStartups
Aditya Hadi Pratama · 4h ago · 1 min readAkulaku to increase stake in Indonesian digibank to 40%
Fintech lender Akulaku is set to increase its ownership at Bank Neo Commerce – an Indonesian digital bank – to around 40% o... |
31.03.2022 | Akulaku secured $10 M in debt financing from Lend East to expand its lending portfolio | Lend East, a digital lending platform that connects global institutional capital with alternative lenders in Southeast Asia and India, has announced US $10 million in post-Series D debt fundraising for Indonesia-based fintech firm Akulaku.
... |
29.03.2022 | 🦄 Akulaku gets $10m funding for SEA push | FintechInvestmentsNewsStartups
Roehl Niño Bautista · 1d ago · 1 min read🦄 Akulaku gets $10m funding for SEA push
Indonesia-based fintech firm Akulaku has raised US$10 million in debt funding from Lend East.
Photo credit: Akulaku
Akulaku off... |
19.02.2022 | Indonesian BNPL Fintech Akulaku Receives $100M Investment from Siam Commercial Bank | Siam Commercial Bank (BKK: SCB) has reportedly made a $100 million investment in Indonesia’s Buy Now, Pay Later (BNPL) platform Akulaku.
Established in 2016, Akulaku has expanded its operations to become one of the largest BNPL and consumer... |
18.02.2022 | Fintech firm Akulaku raises $100 million | Our India portfolio company, Akulaku an Indonesia based fintech firm announced a $100 million fund raise from Thailand’s Siam Commercial Bank (SCB). With this new round of funding, the company is valued at over $1 billion.
The fresh funds w... |
18.02.2022 | Thailand’s Siam Commercial Bank invests $100m in digital finance platform Akulaku | Thailand’s Siam Commercial Bank (SCB) has made a $100 million strategic investment in Indonesian digital finance platform Akulaku.
SCB president Arak Sutivong
SCB president Arak Sutivong says the investment “marks our continued commitment a... |
15.02.2022 | Thai lender SCB invests $100 mln in Indonesia's Akulaku | BANGKOK, Feb 15 (Reuters) - Thailand's Siam Commercial Bank Pcl on Tuesday announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology. SCB last year announced major r... |
15.02.2022 | Thai lender SCB invests $100 million in Indonesia's Akulaku | BANGKOK (Reuters) - Thailand's Siam Commercial Bank Pcl on Tuesday announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
SCB last year announced major restructu... |
15.02.2022 | Thai lender SCB invests $100 million in Indonesia's Akulaku | SCB last year announced major restructuring and expansion with a target of 200 million customers by 2025 for its businesses in Southeast Asia, which operate in six of the region's markets.
"Our investment in Akulaku fits within our reg... |
15.02.2022 | How we got here and how we get out: A Q&A with venture capitalist Melissa Bradley on the Black funding gap | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
Last week I sat down with Melissa Bradley, managing partner at 1863 Ventures, to discuss the fund... |
10.01.2019 | Exclusive | Indonesia’s Akulaku to raise $100m Series D from investors including Alibaba’s Ant Financial | Indonesian fintech startup Akulaku is in advanced talks to raise a US$100 million Series D round, according to people familiar with the matter. Potential backers include Alibaba’s financial affiliate Ant Financial, which will be joining the... |
13.11.2018 | Southeast Asian consumer finance firm Akulaku gets $70m funding | Southeast Asia is looking good for fintech again as consumer finance company Akulaku has completed a Series C round of $70 million financing.
Firm says the number of app downloads has reached nearly 20 million
This round was led by Fanpujin... |
01.11.2018 | Akulaku Raises US$70M Series C Funding | Akulaku, a Jakarta, Indonesia-based fintech startup, raised US$70M in Series C funding.
The round was led by Fanpujinke Group with participation from Sequoia India, BlueSky Venture Capital, and Qiming Venture Capital.
The company intends to... |
31.10.2018 | Indonesian fintech firm Akulaku raises US$70 million Series C round | Indonesian fintech startup Akulaku has raised a whopping US$70 million Series C round led by Chinese investor Finup (凡普金科) with participation from other investors including Sequoia India, BlueSky Venture Capital, and Qiming Venture Capital.... |
21.09.2018 | Eight Roads Ventures targets Southeast Asia deals | Eight Roads Ventures, the investment arm of financial giant Fidelity International, is moving into Southeast Asia where it sees the potential to plug the later stage investment gap.
The firm has funds across the world including the U.S, Chi... |
18.09.2017 | Fintech Takes Off In Indonesia | Investment in fintech startups is set to hit a record hit in 2017 with an estimated 50 deals to close this year, according to an analysis by CB Insights.
Popular platforms in Indonesia include Amartha, a peer-to-peer lending platform for bu... |
- | Indonesian fintech firm Akulaku sees 122% rise in annual revenue | FintechInvestmentsNews
Xavier Kong · 9h ago · 1 min readIndonesian fintech firm Akulaku sees 122% rise in annual revenue
Indonesia-based fintech firm Akulaku more than doubled its annual revenue to US$598 million in 2021, bolstered by risin... |
- | Akulaku | “Welcome to Akulaku! We are a leading fintech company that provides installment payment services, cash loans, and others. Enjoy carefree shopping and flexible payment options with Akulaku.” |
- | Akulaku | “Welcome to the official website of Akulaku Indonesia,a fast and reliable online loan application! Borrow money online? This is the place” |
- | Akulaku accumulates $70m in series C round | - |
- | Thai lender SCB invests $100 million in Indonesia's Akulaku | BANGKOK : Thailand's Siam Commercial Bank Pcl on Tuesday announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
SCB last year announced major restructuring and e... |