Guest post: Ant Financial puts $40m in Akulaku

After a few months of talks, it seems that Ant Financial has finally decided to put some money into Akulaku, a fintech lending company with most of its business in Indonesia but has recently branched out to Vietnam & the Philippines.

The US$40 million that Ant Financial is putting in will value the company at US$450m. This came in quick succession after the previous round led by Beijing-based Finup.

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