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New Deal


Announced

Completed

Intudo Ventures, Lightspeed Venture Partners, Pantera Capital and Northstar Group led a $113m Series B round in Pintu.

Financials

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Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Completed

cryptocurrency exchange

Private

Single Bidder

Cross Border

Friendly

Private Equity

Indonesia

Payments / Commerce

Acquisition

Venture Capital

Synopsis

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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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