Kejora Ventures Agrees to Invest in a Series A Round for Indonesia-based Investree (Asia)
Source: Deal Street Asia | Author(s): Antonia Timmerman
Southeast Asia-focused venture capital firm Kejora Ventures has agreed to invest in a Series A financing round for Indonesia-based online peer-to-peer lending marketplace Investree. The company, which connects lenders with borrowers, plans to use the capital hire new talent — from marketing personnel to legal experts; as well as establish sales offices. Financial details of the agreement, which will be officially signed by both parties in June, were not disclosed.