IDX-listed DIVA completes investment for 30% stake in mPOS startup Pawoon

IDX-listed DIVA completes investment for 30% stake in mPOS startup Pawoon

Indonesian digital business converter and accelerator DIVA has completed its acquisition of a 30% ownership stake in local point-of-sale (POS) startup Pawoon.

According to an official release, which did not specify the financial details of the deal, the investment will see both companies expedite their business expansion more rapidly in the areas of technology development, product innovation as well as sales and marketing.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter