JAKARTA: State-backed e-wallet firm LinkAja has acquired peer-to-peer (P2P) lending start-up PT iGrow Resource Indonesia (iGrow) for an undisclosed amount as part of its efforts to tap into the small business financing market.
LinkAja president director Haryati Lawidjaja said the e-wallet’s network in tier-two and three cities would open up iGrow’s market access to the regional small and medium enterprises (SME) segment.
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