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Indonesia’s P2P lender Modalku raises $40m in Series C round

Indonesia based P2P lender raised $40m in Series C funding from undisclosed investors.

“Amid the global pandemic, we are very grateful to gain trust from investors. The funding will support the company’s strategy and for us to continue to support MSMEs,” Modalku co-founder & CEO Reynold Wijaya said in a statement.

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asia, lending, financing