Saratoga-backed MGM Bosco plans to invest over $35m in Indonesia for expansion.
The round values the firm at around $10 million
The Emtek tie-up is Ant's fifth international payments deal since November.
Redbadge Pacific and SBI Investment Korea invested in the firm.
Q & A
OJK to focus on FinTech in a big way, expect 250 FinTech companies by end of 2017, 2 local Venture Capital companies form VC fund in Indonesia, hope r
Salim group recently established their B2B e-commerce venture called, IDmarco.com.
The deal will be about cracking the biggest pain point in the region - payments!
Lippo group's B2B/G platform raises series A from Japanese investor.
Bukalapak has not ruled out talking the IPO route to raise capital.
Indonesia's digital customer platform, Bornevia and Indonesia's crowdfunding platform Wujudkan shut operations due to low traction.
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