BRI Ventures

TSBA cohort participants raise $40M through the collaboration with Indonesian Crypto Asset Exchange, Tokocrypto and BRI Ventures

Tokocrypto, an Indonesian crypto-asset digital exchange, has partnered with the country’s leading government-owned bank’s corporate venture capital firm, BRI Ventures, for an initiative known as Tokocrypto Sembrani Blockchain Accelerator (TSBA) powered by TokoLabs. Through the accelerator program, the collaboration has helped emerging blockchain projects…

Fundnel Group and BRI Ventures launch fund for Indonesian growth-stage start-ups

Fundnel Group, Southeast Asia’s largest marketplace for alternative assets, has signed a Memorandum of Understanding (MoU) on Monday with BRI Ventures (BVI), the corporate venture capital arm of Indonesia’s largest bank, to launch a first-of-its-kind BVI – Fundnel Secondaries Fund. Upon signing of the MoU and through this strategic partnership, Fundnel and…

Indonesia e-commerce unicorn Bukalapak receives backing from state-owned banks in a $234M venture round  

The company plans to use its fresh capital to increase its user base of warungs (mom and pop stores), micro, and small businesses in Indonesia. The company’s strategic partnerships with both state-owned banks will also give its user base access to more products and services that the banks offer.

visa, payments, credit cards, credit

Visa invests in Singapore’s Nium

Formerly known as InstaReM, Nium specializes in cross-border payments.