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Flip raises $48m in Series B funding

Indonesia based money transfer platform raised $48m in Series B funding led by Sequoia Capital India, Insight Partners and Insignia Ventures Partners. 

“This new funding is a testament to our team’s commitment and persistence. It gives us the resources we need to fuel and accelerate our mission to build innovative solutions that simplify money movement in Indonesia,” said Rafi Putra Arriyan, co-founder and CEO of Flip. 

Tags

indonesia, banking, emerging markets