logo
logo

LinkAja secures strategic investment from Mitsui to strengthen ecosystem and business strategies.

Mar 27, 2024over 1 year ago
JakartaFinancial Services

Investors

Mitsui & Co., Ltd.

Description

LinkAja, the Indonesian digital wallet, secured a strategic investment from Mitsui & Co., Ltd., marking the first investment by a global company in LinkAja. The investment is aimed at further strengthening LinkAja’s ecosystem and business strategies, including collaboration with LinkAja’s State-Owned Enterprises (SoE) shareholders. Mitsui's investment is part of its strategic approach to developing its digital finance business and accelerating strategic collaboration between LinkAja’s ecosystem and Mitsui ecosystem in Information & Communication Technology (ICT), retail, and other businesses to accelerate economic and financial inclusion in Indonesia.

Company Information

Company

LinkAja

Location

Jakarta, DKI Jakarta, Indonesia

About

Indonesian digital wallet LinkAja is a leading digital finance platform in Indonesia, with a focus on fostering economic and financial inclusion through strategic partnerships and investments.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People