Indonesia’s Bank Central Asia bets on fintech with $15m fund

A Bank Central Asia building in Bandung, Indonesia. Photo credit: Everyone Sinks Starco.

Indonesia’s Bank Central Asia (BCA) joins the fintech rush with a dedicated US$15 million venture fund.

Nikkei Asian Review on Saturday said:

BCA is to own 100% of a new company, Central Capital Ventura, according to a stock exchange filing on Friday. CCV wants to invest in and collaborate with fintech companies “that will support BCA’s financial service ecosystem as well as that of our...

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