The future of fintech in Indonesia: Empowering financial inclusion and literacy
Financial technology (fintech) has experienced a notable surge in the new normal due to the COVID-19 pandemic. The potential of higher user penetration and a significant rise in digital transactions in the future has set the pace for the advancement of fintech.
Indonesia’s fintech company Komunal raises US$ 2.1 million of series A funding led by East Ventures, further promoting the country’s financial inclusion
Komunal, Indonesia’s first fintech company to offer Neo-rural bank services locally, announced earlier today that it has secured US$ 2.1 million (approximately IDR 30 billion) in the Series A funding round. The investment is led by East Ventures with participation from Skystar Capital. Both investors also backed Komunal in the seed funding round. The fresh capital will accelerate Komunal’s mission to boost financial inclusion in Indonesia by enhancing its latest product DepositoBPR.
Indonesia’s Fintech Scene: What You Need to Know
Fintech is one of the fastest growing digital industries in the Indonesian startup scene, thanks to the a confluence of good timing and government support.
Startup Fintech di Indonesia: Semua Hal yang Perlu Kamu Tahu
Fintech merupakan salah satu sektor industri digital dengan pertumbuhan paling cepat, berkat dukungan pemerintah dan waktu yang tepat.
Traveloka Introduces Home Protection Insurance for Eid
The insurance scheme, which can be purchased through the Traveloka app, insures homes from incidents for a 30-day period, starting from the departure date.
Stockbit Raised Series A Funding Led by East Ventures
Founded in 2013 as a social network for stock investors, Stockbit has evolved into an app that integrates stock trading, information, and social networking.
How Does It Feel to be Acquired by Grab? Kudo Co-Founder Spills the Beans
In 2017, Kudo made headlines when it was acquired by Southeast Asian ride-hailing giant Grab to strengthen its foray into the fintech sector.
Robo Trading Platform Lubna.io Raises Seed Funding from East Ventures
Lubna.io is the first crypto robo-trading in Southeast Asia and currently serves multiple financial assets including cryptocurrency, forex, and commodities.