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Indonesian fintechs continue winning streak in fundraising

Indonesian fintechs continue winning streak in fundraising
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Indonesian investment platform FUNDtastic raises $ 7.7m in Series A round


Indonesian investment platform FUNDtastic raises $7.7m in Series A round
Indonesian wealth management platform FUNDtastic has raised $7.7 million in its Series A round, per an announcement.
The investment was led by Singapore-based private equity firm Ascend Capital Group with participation from Indonesian tech investor Indivara Group, among others.
According to FUNDtastic co-founder and CEO Harry Hartono, the corpus raised will go towards improving the company’s products to make them more accessible to retail investors.
“The new fund aims to expand our market scope, and also develop more products and features,” Hartono said in a media statement. FUNDtastic’s growth will be driven by increasing mobile penetration in Indonesia, he added. ....

Harry Hartono , Franky Chandra , Muljadi Tjandra , Medwin Susilo , Indivara Group , Ascend Capital Group , வெளிப்படையான சந்திரா , ஏறு மூலதனம் குழு ,

Indonesian investment platform FUNDtastic lands $7.7 million Series A – TechCrunch

Despite the market impact of the COVID-19 pandemic, retail investing is increasing in Indonesia, especially among people aged 18 to 30. Today, investment platform FUNDtastic announced it has raised a $7.7 million Series A to tap into that demand, with plans to launch new products for retail investors, reports DealStreetAsia. The round was led by […] ....

Jawa Tengah , Jakarta Raya , Harry Hartono , Franky Chandra , Medwin Susilo , Indonesian Stock Exchange , Indivara Group , Ascend Capital Group , Singapore Based Ascend Capital Group , ஜகார்த்தா ராய , வெளிப்படையான சந்திரா , இந்தோனேசிய ஸ்டாக் பரிமாற்றம் , ஏறு மூலதனம் குழு , சிங்கப்பூர் அடிப்படையிலானது ஏறு மூலதனம் குழு ,