Penn Quarter-based FiscalNote is expanding to Indonesia through a joint venture with Bisnis Indonesia, an international business and economic media organization.
FiscalNote, launched in 2013 and based on Pennsylvania Avenue just blocks from the White House, runs a legislative prediction platform. Based in Jakarta, Bisnis Indonesia was founded in 1985 as a daily newspaper that publishes content on Indonesian financial, tech and business news and issues.
The pair plan to launch a company together that will be headquartered in Jakarta. Through this joint venture, FiscalNote will distribute legal and regulatory content and data produced by the media organization to FiscalNote’s 5,000-plus global customers via its tech platform. FiscalNote also plans to distribute its Issues Management software product to Indonesia-based companies.
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