Indonesian fintech startup AwanTunai bags $8.5m from IFC, Global Brain, others

AwanTunai co-founder and CEO Dino Setiawan

AwanTunai, a Jakarta-based fintech startup, has raised $8.48 million in fresh equity funding as part of a Series A3 round, according to regulatory filings.

International Finance Corporation (IFC), a World Bank Group member, invested $5 million in the round, showed AwanTunai’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

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