KoinWorks, a financial P2P platform for small and medium-sized businesses in Indonesia, has raised US$20 million in a new round of equity financing, led by existing investors Quona Capital, EV Growth, and Saison Capital. Several undisclosed investors also joined the round, which brings...

The EV Growth team Singapore-headquartered venture capital firm EV Growth has announced the close of its first fund at US$250 million, exceeding the firm’s initial target of US$150 million. The VC firm’s new Limited Partners (LPs) include several Asia-based family offices and two of Asia’s...