Announced
Completed
Financials
Sources
Tags
Minority
FinTech
Acquisition
Cross Border
Friendly
Venture Capital
Single Bidder
Indonesia
interbank network
Private
Completed
Private Equity
Synopsis
Grab, a Singaporean multinational ride-hailing company, led a $100m Series B round in LinkAja, an interbank network in Indonesia. The round was joined by domestic telco Telkomsel, and two venture capital firms BRI Ventures and Mandiri Capital. "We chose to invest in LinkAja because we believe that together, we can help accelerate our shared goal of improving financial inclusion in Indonesia," Neneng Goenadi, Grab Indonesia Managing Director.
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