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Ayoconnect raises $13m in Series B extension funding

Indonesia based finance API startup raised $13m in Series B extension funding led by SIG VC.

“While open banking and open finance are reasonably well-established in Europe and the US, the industry is still very young in Southeast Asia but is growing rapidly. In Indonesia, hundreds of millions are embracing new digital services while many more are still without access to basic financial services like bank accounts,” said Rost.

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api, em