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INDUSTRY FIRST

AwanTunai secures $27.5m in Series B funding led by Norfund, MUFG Innovation Partners, and OP FinnFund to transform Indonesia’s cash economy.

Mar 14, 2024•over 1 year ago

Amount Raised

$27.5 Million

Round Type

series b

Indonesia

Investors

Op Finn FundMufg Innovation PartnersNorfund

Description

AwanTunai, the Jakarta-based FinTech startup, closed its Series B funding round with a significant $27.5m, led by Norfund, MUFG Innovation Partners, and OP FinnFund. The funding will enable AwanTunai to expand lending capital facilities and support over $2bn of annualized inventory purchase financing.

Company News

(6 articles)

Fri, 09 Mar 2018 12:26:44 GMT

AwanTunai - Crunchbase

Thu, 12 Dec 2024 08:00:00 GMT

Indonesian fintech AwanTunai raises $60m debt led by Accial Capital - DealStreetAsia

Tue, 12 Mar 2024 07:00:00 GMT

AwanTunai bags $27.5m, hits positive EBITDA - Tech in Asia

Wed, 24 Jul 2024 07:00:00 GMT

Fintech firm AwanTunai secures Rp 300 billion debt facility from HSBC - The Jakarta Post

Thu, 12 Dec 2024 08:00:00 GMT

Indonesia’s fintech firm AwanTunai raises $60m debt facility - Tech in Asia

Fri, 11 Mar 2022 08:00:00 GMT

IFC joins $8.5m round of ex-Gojek execs’ fintech firm - Tech in Asia

FundzWatch™ Score

Medium Activity

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