SoftBank, Sequoia backing serves as validation, says Moka CEO Tanjo

SoftBank, Sequoia backing serves as validation, says Moka CEO Tanjo

When Indonesian mobile point-of-sale (mPOS) startup Moka closed its $24 million Series B funding round in the second half of last year, it became only the third company in Southeast Asia to have both Sequoia Capital and SoftBank on its cap table.

The two investment firms have previously invested in Indonesian e-commerce firm Tokopedia and P2P startup Funding Societies in this region.

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