Indonesian fintech firm banks $15m, promotes ex-Gojek exec to CEO

Mapan, an Indonesia-based fintech firm, has raised US$15 million in a series A raise co-led by Patamar Capital and PT Astra Digital Internasional, with 500 Global participating. Ardelia Apti, a former Gojek executive who serves as Mapan’s chief commercial officer, was also appointed as the startup’s new CEO.

Founded in 2009, Mapan is a digital community that links users to financial services. In 2015, it launched its Mapan Arisan service, bringing a digital spin to a traditional rotating savings scheme. This scheme involves group members taking turns in purchasing products for everyone.

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