Announced
Completed
Financials
Sources
Tags
Private Equity
financial technology
Minority
fintech platform
Acquisition
Indonesia
Cross Border
Venture Capital
Completed
Friendly
Single Bidder
FinTech
Private
Synopsis
MDI Ventures, a multi-stage venture capital firm, led a $108m Series C round in KoinWorks, a Jakarta, Indonesia-based fintech platform, with participation from Quona Capital, Triodos Investment Management, Saison Capital, ACV and East Ventures. The funding will be used to scale KoinWorks’ solutions and team as the company aims to hire 400 new employees globally to meet demand.
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