Honest Expands Equity Funding to $100M

Honest, Indonesia's fastest-growing credit card issuer, closed an oversubscribed growth equity round led by Orico, bringing total equity funding to $100 million, with participation from existing and new investors including XYZ Venture Capital, SV Pacific Ventures, Village Global, and Gilgamesh Ventures, alongside $40 million in debt financing from Mizuho Bank.