Tencent, Block join Series B for Indonesia's Flip
Indonesian consumer payments platform Flip has upsized its Series B round to more than USD 100m with the addition of Tencent Holdings and Block – formerly Square – to the investor roster and re-up from Insight Partners.
The latest tranche is described as the second close, with Tencent identified as the lead investor. It follows a first close of USD 48m in December 2021, which was led by Sequoia Capital India, Insight,...
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