Indonesia's KoinWorks raises $20m in debt
KoinWorks, an Indonesian financial technology start-up primarily known for P2P lending, has raised $20 million in debt by selling convertible notes to existing investors.
The buyers are Quona Capital, EV Growth, a joint venture between local conglomerate Sinar Mas and East Ventures, and Saison Capital, the venture arm of a Japanese consumer finance company. Previously,...
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