Indonesian fintech Akulaku keen to up stake in Bank Neo to over 40%

Indonesian fintech Akulaku keen to up stake in Bank Neo to over 40%

Akulaku founder and CEO William Li

Indonesia-based digital banking and finance platform Akulaku, part of China’s Alibaba Group, is looking to enhance its stake in Bank Neo Commerce to around 40% or more from its current holding of 25.2%, founder and CEO William Li told DealStreetAsia in an interview.