Akulaku is reportedly raising $100M from Alibaba’s Ant Financial and others

kr-asia.com

The company was started by Chinese founders, formerly with PingAn, in 2014 and it offers financial services and e-commerce in Indonesia. It recently closed $70 million in October and Ant is reportedly getting on board to build a relationship with Akulaku, that makes sense given Ant (and Alibaba's) desire to operate ground-level fintech and payments in Indonesia and the rest of Southeast Asia.

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