$55M Boost for Indonesia 💸

What we’ll cover today:

📍 Amartha’s $55M raise to fund women-led rural businesses

📍 R&T Deposit Solutions hires Fiserv veteran to lead product

📍 What these two opposite moves say about fintech’s next phase

$55M Boost for Indonesia’s Women Entrepreneurs 💸

Amartha, an Indonesian fintech helping small rural businesses (mostly women-led!), just raised $55M from European investors.

🚨Breaking News:
Swedfund, Finnfund, and BIO joined forces to invest $55M in Amartha—part of a $199M global funding push led by IFC.

⚡Wire Simplified:

• Amartha’s loans have reached 3.3 million MSMEs in 50,000+ villages.

• Over 90% of these businesses are run by women.

• The company uses AI to assess credit risk at the grassroots level.

• New AmarthaFin app offers payments, transfers, and investments.

• Funding will help expand to more rural women-led ventures.

✔️Straight to the Point:
Big bucks are heading to small villages. With AI + grassroots reach, Amartha is becoming a fintech force for real change.

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Fiserv Vet Joins R&T to Shake Things Up 💼

R&T Deposit Solutions, a US-based fintech helping banks manage deposits, just hired Theo Curey—former Fiserv exec—as president.

🚨Breaking News:
Curey is stepping in to lead product and go-to-market strategy at R&T after years at Fiserv, ADP, and McKinsey.

⚡Wire Simplified:

• R&T helps banks manage deposits, liquidity, and securities lending.

• Theo Curey brings 20+ years of fintech and strategy experience.

• He’s worked at Fiserv, McKinsey, ADP, and more.

• He reports to new CEO Susan Cosgrove (ex-DTCC).

• The goal: scale faster, build better banking tech.

✔️Straight to the Point:
R&T is stacking up fintech veterans. With Curey at the wheel, expect faster moves and maybe fewer boring banking tools.

Singapore FinTech Festival 2025
The Singapore FinTech Festival is one of the world's largest FinTech events, bringing together industry leaders, startups, and investors to discuss the future of financial technology. The event features conferences, exhibitions, and networking opportunities.
Date: November 9–13, 2025 | Location: Singapore

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Hong Kong FinTech Week 2025
One of Asia’s premier FinTech events, featuring speakers, panels, and exhibitors showcasing innovations in finance and technology.
Date: November 2025 | Location: Hong Kong

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