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Indonesia-based Akulaku raised $10 million in debt funding

Akulaku, an Indonesia-based digital consumer finance platform, raised $10 million in debt funding from Lend East. Akulaku provides access to daily financial needs of underserved customers through consumer financing, digital investment, digital banking, and insurance brokerage services. The startup plans on using these funds to expand its portfolio in Indonesia, Thailand, and the Philippines.

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This article has been summarised for quick read. The original article can be read on Deal Street Asia.