News Snapshot:
Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers. Fintech investment in Indonesia is expected to rise in 2022, bucking global fintech investment trends that point to a significant fall in funding this year. Investment value in Indonesia in just the first half of the year has already surpassed the previous year, with $1.8b reported across 51 deals in 2022. In comparison, $1.6b investments were received by Indonesian fintechs for the full year of 2021. Payment gateway Xendit logged the largest deal in H1, raising $300m for its Series D funding, led by...
