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Gojek: Acquires POS Startup Moka For $130 Million | Fintech InShorts: Latest fintech news, analysis by experts

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Gojek: Acquires POS Startup Moka For $130 Million

By Steve Sam

April 26, 2020

Gojek: Acquires POS Startup Moka For $130 Million

Since December 2019, the acquisition of Moka was under negotiations, and it completed in March 2020
Both the firms have not yet disclosed acquisition publically
Gojek is to cement its position in the digital payment sector with this acquisition amid coronavirus and defying the economy
This deal also indicates that the agreement had signed made after the $1.2 billion Series F fundraising held on 10th March
The latest investment brought Gojek’s total investment to almost $3 billion and valuation to $10 billion
After Nadipos-renamed as Spots acquisition in late 2018, Moka had become Gojek’s second POS acquisition

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