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.
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.
Kumpulan Startup Fintech yang Membuat Sektor Keuangan Menjadi Lebih Mudah Diakses
East Ventures telah berinvestasi di sektor keuangan atau financial technology sejak tahun 2014, dan telah exit dari tiga startup pada tahun 2018.
13 Fintech Startups Who Wants to Make Financial Sector More Accessible, Funded by East Ventures
East Ventures have invested in financial technology or fintech sector since 2014, and have exited three companies by 2018.
Helicap Raises US$5 Million in Pre Series A Funding Round Led by East Ventures
Through these investments, Helicap will make key hires to tech and data teams to enhance the firm’s data collection capacities.