Indonesian fintech startup Komunal raises $5.5m from Sumitomo, JAFCO Asia, others

Indonesian fintech startup Komunal raises $5.5m from Sumitomo, JAFCO Asia, others

Digital lending photo by Pixabay

Indonesian fintech lending firm Komunal has raised $5.5 million in an extended Series A funding round backed by Sumitomo Corporation Equity Asia and JAFCO Asia, according to recent filings with Singapore’s Accounting Corporate and Regulatory Authority (ACRA).

Edited by: Joymitra Rai