Indonesia Digest: Fazz Financial invests in Modal Rakyat; Cermati raises Series C

Indonesia-based Cermati has raised an undisclosed Series C funding while Modal Rakyat has secured an investment from Fazz Financial Group.

Indonesia’s fintech Cermati closes Series C led by MDI Venture

Indonesia-based Cermati Fintech Group on Wednesday announced that it has raised an undisclosed Series C funding led by MDI Venture, the corporate venture capital firm of Telkom Indonesia.

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