Fraction raises US$3 million led by East Ventures to democratize investments by turning real estate and more into fractional NFTs

Fraction, a Hong Kong and Bangkok based fintech startup, announced that it has secured US$3 million in a pre-series A round led by East Ventures, with participation from Emtek Group (Grab, Bukalapak), Thakral Limited, V Ventures and a group of regional investors.

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

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.

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.

Super financial app KoinWorks provides financial inclusion to SMEs amidst pandemic

The master work of two Fintech virtuosos, Benedicto Haryono and Willy Arifin, KoinWorks was established with two goals in mind. The first objective is to help individuals and businesses actualize their financial goals, and the second one is to bring forth an application that caters to various financial needs and most importantly, is convenient to use.

Finantier raised a pre-seed funding led by East Ventures, bringing Open Finance to Indonesia and Southeast Asia

Finantier raised a pre-seed funding led by East Ventures, bringing Open Finance to Indonesia and Southeast Asia 23 November 2020 Finantier, Indonesia-based Open Finance startup, today announced a pre-seed funding round led by East Ventures with participation from AC Ventures, Genesia Ventures, and other investors. Diego Rojas, Keng Low, and Edwin Kusuma founded Finantier earlier this year to provide the infrastructure and data products required by businesses to build the next generation of financial services. The startup enables digital platforms to securely work in collaboration with financial institutions to create seamless and personalized experiences for [...]

24 November 2020|Tags: , , |