Indonesia's Bank Allo to onboard Bukalapak, Salim Group and Grab as shareholders

Indonesia's Bank Allo to onboard Bukalapak, Salim Group and Grab as shareholders

Photo by Ahsanjaya from Pexels

Some of Southeast Asia’s leading tech companies are going to pick up a stake in Indonesia’s Bank Allo via a rights issue later this month, possibly propelling the lender to the top ranks of the country’s digital banking ecosystem.

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