Indonesia-based mobile point-of-sale (mPOS) startup Cashlez Worldwide Indonesia has raised $5.8 million in an IPO.
Indonesia-based fintech firm Pintek raises an undisclosed sum; the startup offers online lending to students and educational institutions.
Indonesia-based fintech firm KoinWorks raises $10M; Koinworks operates a peer-to-peer lending platform.
Indonesia will introduce a 10 percent tax on digital services provided by overseas firms starting July 1; follows similar taxes in Singapore and Malaysia.
Indonesia-based data analytics startup Bonza raises an undisclosed sum from East Ventures; Bonza is developing a big data platform.