Indonesian peer-to-peer lending platform UangTeman said it is set to raise a Series B financing round by mid-2018, claiming it would be one of the largest such rounds for a fintech firm in Southeast Asia.
In an interaction with DEALSTREETASIA, UangTeman founder and CEO Aidil Zulkifli said that the financing round, expected to be in double-digit millions (US dollars), will be used to fund user growth in Indonesia, research and development, and potential acquisitions of other startups. He declined to offer further details.
