Announced

Mastercard to lead series B round in DigiAsia Bios.

Synopsis

Mastercard, a payment processing company, agreed to lead series B round in DigiAsia Bios, a fintech firm. Financial terms were not disclosed. “We are very proud to be working with Mastercard to build on our existing offering in order to increase financial inclusion in Indonesia. We’ve been steadfastly building a network of partners that helps our offering to connect with the broad financial needs of individuals and businesses, and with Mastercard on board, we now have the support of one of the world’s experts on digital commerce. We look forward to working together to expand our reach in Indonesia and to make a range of powerful financial services available to people of all backgrounds—no matter where they are socioeconomically, or how technologically connected they are,” Alexander Rusli and Prashant Gokarn, DigiAsia Co-Founders.

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