Indonesian P2P lender Investree buys 10.9% stake in Bank Amar for $29m

Indonesian P2P lender Investree buys 10.9% stake in Bank Amar for $29m

Adrian Gunadi, CEO and Co-founder of Investree

Indonesian online peer-to-peer lending platform Investree has bought 1.5 billion shares of the publicly-listed lender PT Bank Amar Indonesia Tbk from Tolaram Group Inc. at a discount on June 7, according to a recent regulatory filing reviewed by DealStreetAsia.