Indonesian digital wallet LinkAja said to be raising fresh funding, eyes IPOLinkAja’s last known round was a $100m Series B in late 2020 led by Grab.

Indonesian digital wallet LinkAja is said to be closing a new funding round this month. Telcom firm Telkomsel, some state-owned lenders, and a global investor will participate in the new funding, sources familiar with the matter told DealStreetAsia.

The sources, who did not divulge any investor names, said the new funding will extend LinkAja’s runway.

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