Indonesian insurtech firm Qoala raises funding from PayPal Ventures, others via notes

Indonesian insurtech firm Qoala raises funding from PayPal Ventures, others via notes

Photo by Vlad Deep on Unsplash.

Indonesian insurtech company Qoala has secured fresh funding from PayPal Ventures, the corporate venture arm of payments giant PayPal; US-based insurer MassMutual and other investors via convertible notes, per regulatory filings.

Edited by: Deepshikha Monga