Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Online lending service Lendable has invested $10m in Indonesia-based finance management app developer KoinWorks, DealStreetAsia reported on Monday. KoinWorks received $20m in debt and equity financing last month from Triodos Bank, payment services firm Credit Saison’s Saison Capital unit, Quona Capital and EV Growth, a joint venture formed by East Ventures and corporates Sinar Mas and Yahoo Japan. It followed $29.4m in earlier funding from investors also including financial services firm Bank Mandiri and conglomerate Gunung Sewu.
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