Fintech

A large part of the Indian fintech world is growing up inside rather than outside the regulated banking framework.

Agusta is the director of Venture Funds at Mandiri Capital Indonesia, a corporate VC  from one of the largest banks in the country.

Grab last year also became an investor in the payment provider.

Aside from making investment easier for young Indonesians, the firm aims to increase the country’s financial literacy.

WeLab plans to bring its wealth management platform to Southeast Asia, starting with Indonesia.

Meitu’s founder and CEO Cai Wensheng is an investor in several crypto businesses.

The new group is targeting the 290 million unbanked in Southeast Asia.

Xendit says it processes more than 65 million transactions with USD 6.5 billion in payment value annually.