Jack’s financial solutions to empower Indonesia’s SMEs
Indonesia is witnessing a significant rise in its new middle class, primarily driven by digital technology. Small and Medium-sized Enterprises (SMEs) are at the heart of this transformation, set to become a key driver of Indonesia's development.
The role of fintech in closing the financial gap in Indonesia
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.
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.
East Ventures di 2021: 80+ deal di berbagai sektor unggul di Asia Tenggara rampung, mengincar diversifikasi sektor di tahun 2022
Menyambut tahun 2022, East Ventures mengambil kesempatan ini untuk melihat kembali dan merefleksikan tahun 2021. Sama seperti di seluruh dunia, pandemi COVID-19 juga memberikan dampak yang sangat besar pada ekosistem kami—tidak hanya di Indonesia, namun juga Singapura dan negara-negara Asia Tenggara lainnya.
Transfez Raises Seed Funding from East Ventures and BEENEXT, Facilitating Convenient International Money Transfer
Transfez Raises Seed Funding from East Ventures and BEENEXT, Facilitating Convenient International Money Transfer May 19, 2021 Transfez, Indonesia-based fintech company, announced earlier today that it has secured an undisclosed amount in a seed round co-led by East Ventures and BEENEXT. The investment will accelerate Transfez’s mission to provide a seamless cross-border financial service. The fresh capital will be used for product development and market penetration. Currently, Transfez works in the B2C segment, offering money transfer service to 26 currencies in more than 50 countries. It is also looking to extend its service in the [...]