
Modalku Group secures US$ 25 million from Cool Japan Fund
JAKARTA – Modalku Group, a peer-to-peer (P2P) lending platform, has secured an investment of USD 25 million from Cool Japan Fund (CJF), equivalent to IDR 398 billion with an exchange rate of IDR 15,599 per USD 1. Kelvin Teo, Co-founder and Group CEO of Funding Societies | Modalku, expressed optimism that the digital financial services...