8 07, 2022

Kini, an Indonesian on-demand payroll provider, raised US$ 4.3 million in seed funding led by East Ventures

2022-07-28T17:41:09+07:00July 8th, 2022|Press Release|

Kini, an Indonesian on-demand payroll provider, raised US$ 4.3 million of seed funding led by East Ventures, with participation from other investors. Kini will allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding enterprise partnerships and HR tech providers to power their HR-fintech solutions through a single API.

31 03, 2022

JiPay raised US$ 1.3 million of Seed funding led by East Ventures

2022-06-30T10:35:20+07:00March 31st, 2022|Press Release, East Ventures|

JiPay, a Singapore-based fintech startup creating an inclusive financial services platform for migrant domestic workers, announced that it has secured US$ 1.3 million in Seed funding. This round of funding was led by East Ventures, with participation from SHL Capital as well as strategic angels including the Manila Angel Network and Shivaas Gulati (Co-Founder of Remitly).

9 03, 2022

The role of fintech in closing the financial gap in Indonesia

2022-06-30T09:43:26+07:00March 9th, 2022|East Ventures, Insights, From Portfolios|

In recent years, Indonesia's digital financial services have experienced a boom as COVID-19 became the unexpected catalyst that accelerates digital transformation and technology adoption. The immense adoption of digital financial services is driven by several key factors, including growth in mobile internet penetration, the rise of digital merchants, and accelerating consumers' adoption.

19 01, 2022

KoinWorks pertajam kehadiran sebagai Neobank untuk garap segmen UMKM

2022-06-30T09:39:33+07:00January 19th, 2022|Indonesia, East Ventures|

Neobank menjadi senjata baru KoinWorks di luar bisnis lending, untuk menjangkau lebih banyak target pengguna dari segmen UMKM yang memiliki keterbatasan terhadap akses layanan keuangan. Saat ini produk tersebut masih dalam tahap beta fase ketiga, rencananya akan dirilis secara resmi pada April 2022 mendatang dengan mengumumkan solusi baru yang diklaim pertama hadir di Indonesia.

12 01, 2022

East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022

2022-06-30T09:38:22+07:00January 12th, 2022|East Ventures|

Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.

22 09, 2021

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

2022-06-29T23:35:42+07:00September 22nd, 2021|East Ventures|

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.