Indonesian Stock Trading Unicorn Ajaib Raises $270 Million From Japan’s SBI Holdings

SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

Indonesian Stock Trading Unicorn Ajaib Raises $270 Million From Japan’s SBI Holdings

Ajaib, an Indonesian online stock trading platform, raised $270 million from Tokyo-listed SBI Holdings in what could be the country’s biggest fundraising round since 2022.

SBI Holdings Takes Strategic Stake in Indonesia’s Ajaib Group | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis

SBI Holdings, Inc. has announced a strategic investment in Ajaib Group, Indonesia’s leading online multi-asset investment platform, through one of its subsidiaries. The Tokyo-based financial services group acquired a minority stake of approximately 20% in Ajaib Group, making the Jakarta-based company an equity-method affiliate of SBI Holdings. Ajaib Group began as an online securities brokerage and has since expanded into a broader investment an…

SBI Group acquires 20% stake in Ajaib Group

SBI Holdings, Inc today announced that, through its subsidiary, it has acquire shares in Ajaib Group, which operates Indonesia’s leading online multi-asset investment platform. The post SBI Group acquires 20% stake in Ajaib Group appeared first on FX News Group.

SBI Holdings Invests $270M In Indonesian Crypto And Securities Platform Ajaib

BitcoinWorld SBI Holdings Invests $270M in Indonesian Crypto and Securities Platform Ajaib Japanese financial group SBI Holdings has agreed to invest $270 million to acquire a 20% stake in Ajaib, an Indonesian online securities and cryptocurrency trading platform. The deal, reported by Crypto Briefing, values Ajaib at approximately $1.35 billion, marking one of the larger fintech investments in Southeast Asia this year. Deal Background and Plat…

SBI takes 20% stake in Indonesian broker Ajaib for $270M

SBI's investment in Ajaib could accelerate digital brokerage growth in Indonesia, intensifying competition and reshaping regional fintech dynamics. The post SBI takes 20% stake in Indonesian broker Ajaib for $270M appeared first on Crypto Briefing.