Pintek raises seed capital from Accion Venture to improve quality of education in Indonesia

Pintek, a fintech platform in Indonesia, has raised an undisclosed amount of capital from Accion Venture Lab to improve the quality of education in the country, according to a press statement.

The new capital will be utilised to enhance Pintek’s platform to meet the needs of underserved students and schools during COVID-19.

“There is a clear need for educational financing in Indonesia, and Pintek’s unique model, strong leadership team, and promising growth potential make them the ideal partner to address that need,” said Vikas Raj, Managing Director of Accion Venture Lab.

“We also want to assure parents and the wider education community that Pintek is here and always ready to assist any financial needs for education,” added Ioann Fainsilber, Co-founder of Pintek.

Founded in March 2018, Pintek aims to democratise access to education in Indonesia through affordable and flexible credit.

RedDoorz launches mental health support programme

Online hotel management and booking platform, RedDoorz, announced today the launch of its mental health initiative called “Hope Hotline” to provide support to the mental wellbeing of its employees, hotel partners and staff via online counselling sessions.

It has united with counsellors and psychologists across the region to conduct free counselling sessions remotely through online platforms for all RedDoorz employees and its hotel partners’ staff.

Also Read: News Roundup: FoodRazor snags US$900K seed funding led by Cocoon Capital

As part of the initiative, RedDoorz is also conducting a webinar with a panel of certified counsellors and psychologists for individuals working in the travel and hospitality sector to offer them psychological support.

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Image Credit: Pintek

 

 

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