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Announced

Completed

Amartha completed the acquisition of PT Bosowa Multi Finance from Bosowa.

Synopsis

Amartha, a fintech microfinance marketplace company, completed the acquisition of PT Bosowa Multi Finance, an insurance agency, from Bosowa, an entrepreneurial business pioneer from eastern Indonesia. Financial terms were not disclosed. "Our focus remains on the productive segment. The majority of our revenue and business comes from this sector. This segment still offers vast opportunities, and we will continue to concentrate on this economic sector before considering expansion," Andi Taufan Garuda Putra, Amartha Founder and CEO.

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