SBI Holdings invests $270 million in Indonesia’s Ajaib fintech platform for a 20% stake, supporting digital finance and Southeast Asia expansion.

SBI Holdings invests $270 million for a 20% stake in Indonesia's Ajaib, valuing the digital brokerage at $1.35 billion as fintech adoption

Ajaib, an Indonesian online stock trading platform, raised $270 million from Tokyo-listed SBI Holdings in what could be the country’s biggest fundraising round since 2022.