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Indonesian financial super-app Pluang raises $55 million from Accel

Indonesian investment super-app Pluang has announced a $55 million round led by Accel. A wide range of additional investors also participated in the round, with Monzo COO Sujata Bhatia, Axie Infinity founders Aleksander Leonard Larsen and Jeffrey Zirlin, and even The Chainsmokers joining the fray.   The raise comes at a pivotal time for fintech in South East Asia. Last year, fintech startups in the region raised $6 billion from investors. Pluang’s raise is just the beginning of what should …

Binance in talks with Indonesian companies for exchange business: Report

Binance is reportedly in talks with Indonesia’s PT Bank Central Asia and PT Telkom to set up a crypto exchange in the country. Bloomberg reported the news on Friday, citing people with knowledge of the matter. PT Bank Central Asia is Indonesia’s third-largest bank by total assets, according to tracker Statista. It is owned by the country’s richest family of sibling billionaires Robert Budi Hartono and Michael Bambang Hartono. As for PT Telkom Indonesia, the country’s government owns over half …