Indonesian fintech Investree takes control of 18.4% stake in Bank Amar

Indonesian fintech Investree takes control of 18.4% stake in Bank Amar

Vishal Tulsian, President Director of Amar Bank (left) and Adrian Gunadi, Co-Founder & CEO of Investree Indonesia and CEO of Investree Regional (Photo courtesy of Investree)

Indonesian online peer-to-peer lending platform Investree announced on Friday it has gained control of an 18.4% stake in PT Bank Amar Indonesia Tbk in a bid to serve a bigger pool of customers across the country.