JAKARTA -- Indonesia's most valuable tech company Gojek is on the verge of acquiring Moka POS, a developer of payment terminals for small- and mid-sized enterprises, according to sources with knowledge of the deal.
Founded in 2014, Moka was one of the early birds in Indonesia's fintech scene and it has raised close to $40 million from investors that include the prolific early-stage investor East Ventures and "unicorn maker" Sequoia Capital. Moka payment terminals can be used in many boutiques and restaurants all over the country.
