FMO proposes to invest in Indonesian startup Pintek’s Series A round

FMO proposes to invest in Indonesian startup Pintek’s Series A round

Jakarta, Indonesia. Photo by Eko Herwantoro on Unsplash

Dutch development bank FMO has proposed to invest in the extended Series A funding round of education-focused Indonesian fintech platform Pintek, according to its disclosure.

FMO did not disclose the amount it plans to invest but said the objective of the deal is to provide growth capital to the Indonesian startup to allow it to develop new products, digitise its offering, and eventually scale up.

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