A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank. With the deal, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population in the second half of next year. A consortium led […]
Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels
Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time.