Indonesia's troubled P2P lender Investree said to be raising $7m lifeline from existing backer

Indonesia's troubled P2P lender Investree said to be raising $7m lifeline from existing backer

Photo: REUTERS/Garry Lotulung

Indonesian peer-to-peer (P2P) pioneer Investree is understood to have set in motion a rescue plan to salvage the company that recently announced the departure of its high-profile chief executive officer amid a surge in bad loans and an ongoing probe by the regulators.

Edited by: Padma Priya

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