Indonesia’s AwanTunai raises US$4.3M to develop microloan platform

The round was led by Insignia Venture Partners & AMTD Group

Indonesia fintech startup AwanTunai has raised US$4.3 million in a Series A round led by Insignia Venture Partners & AMTD Group. Participating investors include Global Brains, Fenox Venture Capital, and other affiliates.

Founded in 2017 by Dino Setiawan, Windy Natriavi and Rama Notowidigdo, the startup — which is currently in the PayPal Singapore Incubator — develops microloan products for businesses and individuals.

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