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Editor's take: The week that was — Nov 20-25

DealStreetAsia's editors recap the week's developments and highlights in our award-winning Sunday newsletter.

Orient Corp invests $18m in Indonesia-focused fintech firm Honest Bank

The Japanese company is now the third largest shareholder in the fintech firm.

M&C Saatchi Performance elevates Melissa Yik to Country Director Singapore and Roshat Adnani to Managing Partner APAC

M&C Saatchi Performance has announced the promotion of Melissa Yik to Country Director Singapore and of Roshat Adnani to Managing Partner APAC, effective immediately.

Indonesia-focused fintech Honest Bank raises additional $17m from existing backers

Honest Bank had previously raised at least $27.2m in its Series A round from Insignia, Digital Horizon, XYZ Venture Capital, and others.

IDX-listed Bank Permata divests stake in affiliate firm to SG's Honest Bank

Indonesian lender PermataBank has divested a majority stake in its affiliated company PT. Sahabat Finansial Keluarga to Honest Bank.

Honest Bank to buy GE Finance Indonesia credit card licence from PermataBank

Singapore's Honest Bank raises USD 19.7 mln

Digital Horizon Venture Fund Invests in Honest Bank Series A

Data Vantage: Startups secure growth-stage funding, new financial updates and more

IDX-listed Bank Permata initiates talks with fintech firms to sell credit card licence

IDX-listed Bank Permata initiates talks with fintech firms to sell credit card licence Photo: Bank Permata website Indonesian lender Bank Permata has initiated talks with a number of fintech players, including Singapore-headquartered Honest Bank, to sell its credit card licence, said multiple persons familiar with the development. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories_left_placeholder You have one free story left this month. You have stories_left_placeholder free stories left this month.