Data Vantage: Funding for OnlinePajak, a digital payments revolution and other updates

Indonesian tax compliance solutions provider OnlinePajak raised $5 million in fresh funding from global financial services firm Visa this week.

Following the deal, Visa now holds an almost 3% stake in OnlinePajak. The startup’s other significant shareholders include Warburg Pincus, Evialia France (an investor in OnlinePajak founder Charles Guinot’s former employer Farinia Group), Sequoia Capital India and Alpha JWC Ventures.

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