New Funding to Energize LinkAja to Boost Valuation

By Editorial Team 08/06/2023
LinkAja
Summary

LinkAja, a fintech subsidiary of PT Fintek Karya Nusantara, is expected to secure new funding soon. According to Deal Street Asia, LinkAja will close its funding round by the end of this month.

A source, who wished for anonymity, said that among the investors are Telkomsel, several state-owned banks, and some global investors. “This will contribute hugely to LinkAja’s future plans,” the source said.

LinkAja’s Marketing Director Wibawa Prasetyawan said the new funding would allow LinkAja to leverage its valuation before conducting an IPO. However, no further details have been disclosed by LinkAja’s management, Telkom, or other investors regarding the latest funding and the IPO plan.

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