JAKARTA -- Indonesia-based mobile point-of-sale (mPOS) startup Cashlez Worldwide Indonesia has raised $5.8 million in an IPO.
Startups
Indonesian mobile POS startup Cashlez raises $5.8 million in IPO
Company plans to purchase IT solution provider with smart card technology
A traditional market is open for business in Jakarta on May 5. Indonesian startup Cashlez went public during the Islamic fasting month of Ramadan and as coronavirus continued to spread worldwide. © Reuters
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