Announced
Completed
Financials
Sources
Tags
Minority
Completed
cryptocurrency exchange
Private
Single Bidder
Cross Border
Friendly
Private Equity
Indonesia
Payments / Commerce
Acquisition
Venture Capital
Synopsis
Intudo Ventures, Lightspeed Venture Partners, Pantera Capital and Northstar Group led a $113m Series B round in Pintu, an Indonesian cryptocurrency exchange. Pintu plans to use the capital to build out new features, including additional supported tokens and blockchains and products. The exchange doubled the size of its team to 200 last year and plans to continue with its aggressive hiring plans to help address the booming crypto market in Indonesia.
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