Transaction fees from stock trading (Stockbit Sekuritas), mutual fund distribution fees (Bibit), government bond distribution, and premium features. Partnership with Fullerton Fund Management (Grow Investments JV).
"90% users are first-time millennial investors. Social/community aspect drives education and engagement. Diversified asset classes with strong financial literacy mission."
Indonesia's first WealthTech unicorn enabling stock, ETF, and mutual fund trading with 3M+ retail investors. Fastest company to unicorn status in SEA.
Multi-asset investment platform offering gold, US stocks, crypto, mutual funds, and ETFs to 10M+ users with micro-investing from $0.50.
First mutual fund marketplace in Indonesia. Partner with OVO for OVO Invest. 3M+ investors on platform.
| Round | Date | Amount | Participating Investors |
|---|---|---|---|
| Series C | May 2022 | US$ 80M | GIC (lead), Prosus Ventures, East Ventures, Sequoia Capital |
| Series B | Nov 2021 | US$ 35M | Sequoia India, East Ventures |
| Growth | May 2021 | US$ 65M | Sequoia India, Prosus, Tencent, AC Ventures |
| Series A | Jan 2021 | US$ 30M | Sequoia India, East Ventures, EV Growth |
| Series A | Jan 2021 | US$ 15M | East Ventures, Toko Investments |
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