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Brankas raises $20m in Series B funding

Indonesia based open banking startup raised $20m in Series B funding led by Insignia Ventures Partners.

In a statement about its investment in Brankas, Insignia Ventures Partners principal Samir Chaibi, said, “We have also been impressed by Brankas’ approach to market development and their ability to launch and scale their products in a regulatory compliant manner while ensuring that developers benefit from a reliable and stable source of banking and financial data and beyond.”

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banking, indonesia, emerging markets