Akulaku, an Indonesian online lender backed by Jack Ma’s Ant Group, has pulled in US$100 million from one of Thailand’s biggest lenders to expand its business in Southeast Asia.
Ant-Backed Indonesian Lender Akulaku Lands $100 Million From Top Thai Peer - Capital raised from Siam Commercial Bank will allow the Jakarta-based company to ‘further expand the geographic reach’ of its offerings across Southeast Asia, CEO says
Akulaku Inc, an Indonesian online lender backed by Jack Ma’s Ant Group Co., has pulled in US$100 million from one of Thailand’s biggest lenders to expand its business in South-East Asia.
Binance Holdings Ltd reached an agreement with billionaire Sarath Ratanavadi’s Gulf Energy Development Plc to study a digital asset exchange in Thailand.