fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

Indonesian fintech firm Pluang secures $55M funding from Accel

Team AsiaTechDaily by Team AsiaTechDaily
14 January 2022
in Featured, FinTech
0
Pluang
16
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

The all-in-one fractional Indonesian investing app Pluang raised $55 million in a funding round led by Accel.

The latest funding brings Pluang’s total investments to $110 million for the year 2021. The recent funding round is a follow-on to its previously announced Series B.

The additional investors for this round are Trung Nguyen, Andy Ho, Aleksander Leonard Larsen, and Jeffrey Zirlin (Axie Infinity founders), Alexa con Tobel (former Learnvest CEO), Daniela Binatti (Pismo CTO), Sujata Bhatia (Monzo COO), Jannick Malling and Leif Abraham (public.com co-CEOs), Raghu Yarlagadda (FalconX CEO), Sergio Jimenez (Flink CEO), The Chainsmokers, BRI Ventures, Gold House, as well as previous investors Square Peg, Go-Ventures, UOB Venture Management, and Openspace Ventures.

Claudia Kolonas, Co-Founder of Pluang, said the additional investment will enable their team to accelerate their momentum and provide the tools, resources, and education necessary to set more customers up for long-term wealth creation.

“We are absolutely thrilled to have the world-class team of Accel, as well as our additional investors, supporting us in the next stage of growth in Pluang,” Kolonas added.

In addition, the company also plans to expand the availability of its app and services throughout key additional international markets.

Accel partner Andrew Braccia said they are happy to help Pluang in their quest to provide wealth-building solutions and expand financial inclusion across Southeast Asia.

In Indonesia, the Pluang app enables retail investors to invest in a wide range of asset classes while maintaining a simple and frictionless user experience. Users can make micro-savings and micro-investing contributions across gold, indices, mutual funds, and crypto assets, as diversification is a fundamental part of lowering the risk for new investors.

The company will offer a feature that allows users to invest in fractional US single stocks, a first of its type innovation in Indonesia, as part of its attempts to extend its asset classes.

The scale and promise of the Southeast Asian market have been recognized by investors around the world, with $8.2 billion in funding for companies in the area alone in 2020.

Previous Post

Bespoke Habitat secures S$1M funding to pave way for future of shared spaces

Next Post

PropertyScout secures $2.5M in oversubscribed pre-Series A funding

Related Posts

edit post
PhonePe
Featured

Indian fintech PhonePe raises $200m more from Walmart

March 21, 2023
edit post
Antler
Featured

Antler to invest in over 30 startups in Indonesia this year

March 21, 2023
edit post
WeBudding
Content & Games

Korean startup WeBudding partners exclusively with the most popular free app Goodnotes 5 to provide Korean digital stationery content to users globally

March 17, 2023
edit post
One Impression
Featured

One Impression raises $10m in Series A to expand product offerings

March 15, 2023
edit post
Bababos
Featured

Indonesian startup Bababos closes pre-seed funding led by East Ventures

March 15, 2023
edit post
Broom
Automobiles

Indonesian auto tech startup Broom raises $10m in Openspace-led funding

March 14, 2023
Next Post
edit post
PropertyScout

PropertyScout secures $2.5M in oversubscribed pre-Series A funding

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback