Indonesia Tech News

Majoo, an integrated SaaS, has raised an additional US$5 million in its pre-series A round, AC Ventures and Quona Capital led the round.

Indonesia-based Brick, a fintech API provider, has raised US$8.5 million in a seed round led by Flourish Ventures and Antler.

Indonesia’s Commodity Futures Trading Regulatory Agency, announced that 92 unlicensed binary options websites have been blocked by the Indonesian government.

Bukalapak, an Indonesian ecommerce giant, kicked off 2022 by spending US$83 million to acquire 12.05% of Allo Bank, a Jakarta-based digital bank.

Nobi has raised $4 m in a seed round led by AC Ventures. Nobi allows customers to buy and sell crypto assets in partnership with local crypto exchange Indodax.

BantuBumi partners with 17 waste collectors. It also launched a beta version of the app for waste collectors to digitalize their bookkeeping process and streamline their operations.

By aggregating user data from third-party apps, Finantier generates profiles for users who were previously unable to access conventional financial services.

Indonesian robo-advisor app Bibit.id is in talks with investors, including Singapore's sovereign wealth fund GIC, as it carves out its expansion plans in the archipelago.