Southeast Asian fintech company Akulaku is engaged in talks with potential strategic partners to sell a 15% stake in its peer-to-peer lending platform Asetku. The Jakarta-based company hopes to raise $18 million from the sale, according to sources aware of the development.
Akulaku holds an 85% stake in Asetku, while the rest is owned by investors including Akulaku’s own eCommerce arm PT Akulaku Silvrr Indonesia.