Indonesia Digest: OVO acquires Taralite; Tempo backs Foodizz

Indonesian currency Rupiah on hold by a cashier. Photo: Reuters

In the latest deals in Southeast Asia’s largest market, Lippo’s mobile payment startup OVO has acquired local peer-to-peer lending company Taralite, while media firm Tempo has made an investment in culinary education startup Foodizz.id.

OVO acquires P2P lender Taralite

Mobile payment startup OVO has acquired local peer-to-peer lending company Taralite, according to a report by KrAsia.

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