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MDI Ventures led a $108m Series C round in KoinWorks.

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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