Kudo co-founder Lucius joins payments startup OVO amid Grab investment rumour

Photo by Jonas Leupe on Unsplash

In the latest development within the Grab ecosystem, CEO and co-founder of online-to-offline startup Kudo, Albert Lucius, has recently left his position in the company to take up an executive role in payment company OVO.

The move coincides with a recent report that suggested that Singapore-headquartered Grab has acquired a stake in OVO, which is owned by Indonesian conglomerate Lippo Group.

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