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Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain

TechCrunch

Trukita has an extended network of over 10,000 trucks, and the combination of the two companies means it is “now one of the largest logistics technology providers in Indonesia,” said co-founder and chief executive officer Andree Susanto. to advance its push to digitize logistics in Indonesia. Waresix hauls in $14.5M

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Indonesian fintech Flip secures $48M in Series B to support expansion

TechCrunch

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Flip is Insight Partners’ first investment in Indonesia. . Arriyan, Luqman Sungkar and Ginanjar Ibnu Solikhin co-founded the company in 2015 while studying at University of Indonesia.

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Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures

TechCrunch

Along with the stock market , cryptocurrency is also seeing an uptick among retail investors in Indonesia. The Indonesian Commodity Futures Trading Regulatory Agency (also known as Bappepti) began regulating Bitcoin and other cryptoassets as commodities two years ago, paving the way for licensed brokers like Pintu.

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Gojek’s GoPay is also partnered with the Indonesia mosque council to allow users to make zakat, or obligatory alms giving, online. out of its 33.6

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Financial comparison “super app” Jeff raises $1.5M seed extension

TechCrunch

Founded in 2019, the startup is operational in Vietnam and has applied for a license to launch in Indonesia. Before launching Jeff, Niparts was CEO of Spain for Digital Finance International, a fintech company that is part of the Finstar Financial Group. It also plans to enter the Philippines in the third quarter.

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Star’s launch means lots of new content for Disney Plus — but not in the US 

The Verge

It’s a new section of Disney Plus for international audiences that will offer more mature R-rated films, TV shows from FX, and other shows and movies that Disney owns the rights to but don’t fit into Disney Plus’ family-friendly image. Star is effectively Disney’s solution to the fact that Hulu doesn’t exist in international markets.

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SkorLife gives control of credit data back to Indonesian consumers

TechCrunch

That surpasses its internal target by 7x and the app will be available for public download soon. CEO Ongki Kurniawan was previously country head of Stripe Indonesia and also held leadership positions at Grab, telcoXL Axiata and Line, while COO Karan Khetan is a serial entrepreneur whose past startups include 5x and BookMyShow Southeast Asia.