Instarem: Aims at Japan and Indonesia with $41m funding

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Instarem: Aims at Japan and Indonesia with $41m funding

Instarem: Cross-border payments company to fund $41m to Japan and Indonesia 

  • Firm has closed a $41 million Series C funding round in Singapore
  • The fund, used for accelerating growth in existing and new markets, with Instarem
  • They expect to receive licences in Japan and Indonesia
  • Instarem planed to launch cards platform in multiple markets before the year closes
  • They secured card issuing abilities from Visa extending to Australia, Hong Kong and Malaysia by Q3 2019