Indonesian P2P firm Investree expects to close a Series B funding round in two to three months, which will be used to finance the company’s marketing activities and expansion.
Speaking to DEALSTREETASIA, Investree co-founder and chairman Adrian Gunadi said that the investment would not only boost the company’s core business but also its new sharia product and upcoming online government securities business. The firm is hoping to capitalize on its large lender base, made up predominantly of the country’s millennials aged 21-35.
