Hong Kong fintech unicorn WeLab raises $240M to buy Indonesian bank

A digital financial institution is quickly coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, introduced Tuesday its acquisition of Financial institution Jasa Jakarta (BJJ), an Indonesian industrial financial institution. With the deal, WeLab is making plans to release a virtual financial institution to seize the rustic’s monumental unbanked inhabitants in the second one part… Continue reading Hong Kong fintech unicorn WeLab raises $240M to buy Indonesian bank