Fintech

With an estimated 6.6 million investors, crypto is gaining traction in Indonesia.

A career in ETF distribution for wealthy clients and time with Indian grocery startup Grofers shaped Dhruv Arora’s idea to build a widely accessible wealth management platform.

The round comes a month after Tabby raised USD 50 million in debt financing, taking the total capital (equity and debt) raised to date to over USD 130 million.

Peddisetty spoke about BukuWarung’s strategy to digitize small businesses in Indonesia’s tier-2 and tier-3 cities.

New York-headquartered Tiger Global has invested in over a dozen Indian startups and has poured in around USD 300 million in the last seven months.

Gen Z and Millennial Muslims are willing to adopt Islamic banking if it becomes more accessible and mobile-friendly.

SimpliFi enables any business to issue virtual or physical cards for different use cases and manage the entire program from its online portal.

The company plans to utilize the proceeds from the IPO to enhance awareness of its brands, expand its international businesses, and establish an offline presence.