Indonesian fintech Brankas raises $16m from Insignia, BEENEXT, others

Indonesian fintech Brankas raises $16m from Insignia, BEENEXT, others

Jakarta, Indonesia. Photo by Afif Kusuma on Unsplash

Indonesia-based fintech firm Brankas has raised at least $16.3 million in a Series B round led by Singapore-based venture capital firm Insignia Ventures Partners.

According to Accounting and Corporate Regulatory Authority (ACRA) filings seen by DealStreetAsia — DATA VANTAGE, Insignia led the round with a $10.4 million investment. 

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