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Top 50 Financial Services Angel Investors in Indonesia in January 2026

A list of 50 angel investors that invest in Financial services startups based in Indonesia. We rank investors based on the number of investments they made in Financial services companies from Indonesia. We update this investor list every month.

Top 50 Financial Services Angel Investors in Indonesia in January 2026

Investor Financial Services Indonesia investments
Tiang Lim Foo 4
Adam Malik 3
Budi Handoko 3
Amrish Rau 3
Dendi Suhubdy 3
Arya Setiadharma 2
Pramodh Rai 2
Rohit Mulani 2
Chinmay Chauhan 2
Jonathan Chu 2
Ricky Winata 2
Hendra Kwik 2
Tianwei Liu 2
Michael Sampoerna 2
Oliver Jung 2
Jefriyanto Guang 2
Harshet Lunani 1
Utsav Somani 1
Hesham Zreik 1
Krishnan Menon 1
Rondy Yunanda Yong 1
Nancy Xiao 1
Achmad Zaky 1
David Vélez 1
Vidit Agrawal 1
Hsu Ken Ooi 1
Yan Wu 1
Rohit Bansal 1
Eric Kwan 1
Amar Goel 1
Meng Xiong Kuok 1
Sima Gandhi 1
Andrea Baronchelli 1
Justin Mateen 1
Jefrey Joe 1
Brian Ma 1
Kunal Bahl 1
Yiping Goh 1
Michaelangelo Moran 1
Frank Chung 1
Firlie Ganinduto 1
Jefferson Chen 1
Williem Williem 1
Manik Gupta 1
Scott Belsky 1
Aakrit Vaish 1
Nipun Mehra 1
Samuel Jeanblanc 1
Rorian Pratyaksa 1
Patrick Walujo 1

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Tiang Lim Foo
Angel · Singapore, Central Region, Singapore

Tiang Lim Foo is a Partner and co-founder of Forge Ventures. He currently serves as a Venture Partner at Next Billion Ventures. He was also a partner at SeedPlus, a leading seed fund in Southeast Asia backed by SGInnovate, Jungle Ventures, Cisco, and IFC. Previously, he launched and managed Evernote's operations in Asia. Tiang has invested incategory-leading startups in the region and currently serves as a board member of Qoala, a Sequoia-backed insurance tech company in Indonesia. Tiang graduated from Stanford with a degree in Management and Engineering and holds a Bachelor of Mechanical Engineering with Honors from the National University of Singapore.

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Investment focus

  • Software, Information Technology, FinTech
  • Seed, Pre-Seed, Series A
  • Singapore, Indonesia, Malaysia

Portfolio highlights

  • Xfers — Xfers boosts your business with easy payment acceptance, seamless funds transfer, credit solutions and high-yield cash accounts.
  • Talenox — Improve your HR processes with simple automation. Get a guided experience with the friendlist online HR system. Manage multiple entities with one account.
  • Arrow — Arrow is the best checkout experience for your online businesses that drastically increases your conversions rates. Arrow supports the all major payment gateways and is pre-built with the latest and greatest payment methods in Southeast Asia (SEA).
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Adam Malik
Angel

The future is, innovation and creativity from imagination. that can be realized and achieved in a measurable manner with the human and natural resources we have - adam.m

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Investment focus

  • E-Commerce, Manufacturing, Fashion
  • Post-IPO Secondary, Pre-Seed, Seed
  • Indonesia, United Kingdom, United States

Portfolio highlights

  • 99ninetynine.com — Ringkasan Perusahaan 99ninetynine membangun jaringan arsitektur rantai pasok industri finansial, perdagangan, dan fashion lifestyle. 99ninetynine menciptakan ekosistem terintegrasi dalam rantai pasok bidang fintech perbankan, e commerce perdagangan produk retail, dengan basis pelanggan tenaga kerja manufaktur sektor tekstil dan fashion.99ninetynine untuk mengembangkan ekosistemnya secara mandiri membangun dalam beberapa time line antara lain (a) Membangun e-commerce, (b) Membangun Digital Banking. dan seluruhnya dengan pangsa pasar Tenaga kerja manufaktur tekstil, Garment dan Life style.99ninetynine berupaya menghadirkan e commerce dengan UX (user experience) untuk mampu memberikan manajemen keuangan secara personal kepada usernya, sehingga mampu mengelola kesehatan finasial yang terintegrasi dalam sistem Digital Banking nya.99ninetynine.com, 99ninetynine Android App, Openbank99.com adalah portal website untuk aplikasi yang di bangun untuk menopang integrasi aplikasi ini. untuk aplikasi openbank99.com masih dalam tahap pengembangan yang ketat karena di butuhkan tingkat keamanan yang tinggi sehingga belum dapat di akses secara publik sampai dengan akhir tahun 2022. seluruh ekosistem 99ninetynine akan berfokus untuk memberikan kenyamanan user experience pada segmen market tenaga kerja industri tekstil garment, dan ASN di lingkungan pemerintah. untuk mendoong penguatan posisi 99ninetynine di customer kami membangun roadmap rencana jangka menengah dan jangka panjang untuk memenangkan persaingan di industri ini.99ninetynine memakai referensi dari “ Berkshire Hathaway” dengan merubah lini bisnis tekstil garment menjadi sektor ‘Konglomerasi Perdagangan dan Finansial, untuk masuk dalam tahapan evolusi bisnis rantai pasok digital.Adam Malik, CEOPT Ninetynine Digital Niaga Belanja online terencana, kunci kesuksesan dan kesehatan finansial anda di masa depan.Kode NDINSektor E-commerce - Perdagangan Elektronik TerintegrasiSubsektor Financial Fashion Lifestyle TradingBidang usaha Industri jasa keuangan dan perdagangan
  • 99NINETYNINE — we proud to be the fair seller in the world. our path is always to give integrity to our customers. the better. 99Ninetynine.co.uk under licensed 99Ninetynine, Ltd
  • ADAM MALIK 1989 LTD — ADAM MALIK is a California-based trademark business. Founded in 2020 and is based in London, England, United Kingdom.
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Budi Handoko
Angel · Jakarta, Jakarta Raya, Indonesia

Budi Handoko - Co-Founder & COO @ Shipper

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Investment focus

  • Financial Services, FinTech, Software
  • Seed, Pre-Seed
  • Indonesia

Portfolio highlights

  • UpBanx — Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments.
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Amrish Rau
Angel

Amrish Rau is the CEO of Pine Labs.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Series A, Funding Round
  • India, Singapore, Indonesia

Portfolio highlights

  • CashFlo — CashFlo is India's only integrated AP automation and Supply Chain Financing Platform. Made for large Indian businesses, CashFlo is used by some of the biggest companies in India.
  • OTPless — Authenticate customers with WhatsApp, SMS, Email, Biometrics, and more, with a 98% conversion rate on signup and sign-in.
  • Jupiter — Getting access to Jupiter before others. 100% digital banking with no pain. Zero balance accounts, no hidden fees. Master your money, reap rewards on Jupiter app - partnered with an RBI licensed bank for max trust.
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Dendi Suhubdy
Angel · Palo Alto, California, United States

Research Scientist, Founder

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Investment focus

  • Bitcoin, Cryptocurrency, Financial Services
  • Seed, Pre-Seed
  • Indonesia

Portfolio highlights

  • Bitwyre — Bitwyre OTC portal web
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Arya Setiadharma
Angel · Jakarta, Jakarta Raya, Indonesia

CEO at Prasetia Dwidharma

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Investment focus

  • Artificial Intelligence, FinTech, Software
  • Seed, Convertible Note, Angel
  • Indonesia, United States

Portfolio highlights

  • Flokq — Get Room for Rent in Jakarta from Flokq. Looking to Share apartment or monthly rental Coliving Space in Jakarta? Connect with us today!
  • UpBanx — Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments.
  • PT Wallezz Finansial Teknologi — wallezz is the answer to accelerate digital payment in Indonesia. We create User and Merchant Application, we create digital payment switching for local government as a SaaS for eTax and eRetribution, we create customise social media for community, loyalty management for banks, and some IoT to support our Financial Technology solution like fullyautomation building parking tht people can reserve from home or anywhere, and they can choose the available slot, and when they arrived, the system will know that the person who is parking at the slot is the right person. we create statics qr codes for small medium and traditional market that aviod fraud system, QR codes for attendance, saas for egovernment and eNTERPRISE< aND THE LAST one we create an online banking Bnk Sampah (Waste Bank Management).beside the solution we also engaged with the local government to develop smart city by wallezz way, firstly to digitize their revenue collection channel to reduce corruption, so they can increase their revenue, and then reducing cost by implementing a green solution like solar panel, led, and then when they have increase their revenue and reduce their cost, so they could developing their smart city in to sustinable development.
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Pramodh Rai
Angel

Pramodh Rai is the Co-Founder at Cyber Sierra. He attended Nanyang Technological University Singapore.

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Investment focus

  • Rental, Internet, Software
  • Seed, Convertible Note
  • Indonesia

Portfolio highlights

  • Flokq — Get Room for Rent in Jakarta from Flokq. Looking to Share apartment or monthly rental Coliving Space in Jakarta? Connect with us today!
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Rohit Mulani
Angel

I'm passionate about solving problems and driving impact at scale. Rohit Mulani is the Founder & CEO at Gotrade.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed
  • Indonesia, Philippines

Portfolio highlights

  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
  • NextPay — Receive, manage, and spend your company's finances on a single platform. Save time and costs with a digital financial suite built to empower growing businesses.
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Chinmay Chauhan
Angel · Jakarta, Jakarta Raya, Indonesia

Chinmay Chauhan is a Co-Founder of BukuWarung. He was the Director of Product at Carousell, an Investor at hoolah, and the Product Lead at Grab.

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Investment focus

  • Financial Services, Sales, Banking
  • Seed, Pre-Seed
  • India, Indonesia, Singapore

Portfolio highlights

  • Upmesh — Upmesh provides e-commerce functionality for live commerce merchants on social media.
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
  • Hyperface — We empower banks to maximize customer engagement and boost ROI through modern, digital-first card solutions.
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Jonathan Chu
Angel · Los Angeles, California, United States

Jonathan is co-founder and managing partner of Protofund. He attended the University of California, Los Angeles

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Investment focus

  • Blockchain, Cryptocurrency, Developer Platform
  • Series A, Seed, Initial Coin Offering
  • United States, Argentina, Indonesia

Portfolio highlights

  • Pintu — Aplikasi trading & jual beli Bitcoin, token seperti DeFi, NFT, AI Agent, Meme coin, Web3 dan aset digital lain di Indonesia. Harga final, exchange kripto terpercaya dengan crypto wallet praktis.
  • Buenbit — Buenbit is a Cryptocurrency Exchange and Cross-Border payment platform. Cryptocurrency exchange with presence in Argentina & Perú. Leveraging cryptocurrency trading to offer a low cost Cross-Border payment solution.
  • NEAR — Discover how Blockchain for AI is revolutionizing data security and transparency in AI systems. Learn more about this cutting-edge technology.
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Ricky Winata
Angel · Jakarta, Jakarta Raya, Indonesia

Ricky Winata is the Co-Founder at PAYFAZZ.

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Investment focus

  • Software, Developer APIs, Computer Vision
  • Seed
  • Indonesia

Portfolio highlights

  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Hendra Kwik
Angel · Bandung, Jawa Barat, Indonesia

Hendra Kwik is the Co-Founder of PAYFAZZ.

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Investment focus

  • Financial Services, FinTech, Software
  • Pre-Seed, Seed, Series B
  • Indonesia, Singapore, India

Portfolio highlights

  • UpBanx — Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments.
  • Rocket Academy — Selective and comprehensive online software engineering bootcamp in Singapore, Hong Kong and Australia.
  • DELOS — Leading the Indonesia Blue Revolution. We are at the forefront of aquaculture shrimp farming & sustainable lobster fishing industry.
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Tianwei Liu
Angel · San Francisco, California, United States

Founder & CEO @ Xfers

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Pre-Seed
  • Indonesia, Singapore

Portfolio highlights

  • Finblox — Finblox is a platform that helps crypto investors buy and earn rewards on their crypto assets like Bitcoin, USDC, Ethereum, Solana, Avalanche, Axie Infinity
  • Suberra — Payment protocol for Web 3.0
  • Headquarters — Headquarters (HQ.xyz) helps Web3 teams be automate their financial activities and reporting. Aggregated balance overview, Payments and Payouts, book-keeping tailored for Web3/Crypto.
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Michael Sampoerna
Angel

Michael Sampoerna

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Investment focus

  • Software, B2B, AgTech
  • Seed, Funding Round
  • Indonesia, Singapore

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Gajiku — Gajiku is a technology platform that seeks to financially empower the masses.
  • Aria — Aria Indonesia offering the tech-solution for agriculture, mining, and foresty to enchance product quality efficiently in the fastest way.
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Oliver Jung
Angel · London, England, United Kingdom · 1 investment in the past 12 months

Oliver is a global investor and entrepreneur based in Tel Aviv. Oliver is investing in US and China based companies and helps them to go international. Previous projects include airbnb, houzz and hoteltonight.

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Investment focus

  • E-Commerce, FinTech, Internet
  • Seed, Series A, Series B
  • United States, Germany, India

Portfolio highlights

  • SaveIN — SaveIN, as the name suggests, is a financial services platform made exclusively for Indians, with an aim to revolutionize their experience across banking and daily financial transactions.We aim to offer, the full suite of traditional banking products and experiences, but in a never seen before avatar, thereby making it fun, simple, secure, andunbelievably rewarding experience. All this and more at just the click of a button, in a 100% digital and paperless, mobile first ecosystem.
  • Artisan AI — Artisan is on a mission to build the first generation of AI employees, called Artisans, who can automate specific roles & workflows.
  • Circleback — Get the most out of every conversation with AI-powered meeting notes, action items, automations, and search. Works with Zoom, Google Meet, Microsoft Teams, Slack huddles, and in-person conversations. Get started for free.
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Jefriyanto Guang
Angel

Jefriyanto Guang - Co-Founder & Chief of Product @ PAYFAZZ

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Investment focus

  • Software, Developer APIs, Computer Vision
  • Seed
  • Indonesia

Portfolio highlights

  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Harshet Lunani
Angel · Jakarta, Jakarta Raya, Indonesia

Harshet Lunani is the founder of Qoala, a disruptive insure-tech company that leverages big data, machine learning, IoT and blockchain.

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Investment focus

  • AgTech, FinTech, Software
  • Pre-Seed, Seed
  • Indonesia, Singapore

Portfolio highlights

  • Semaai — Full-stack agri-tech solution for Indonesian farmers
  • Durianpay — Payment Service Provider terbaik dengan integrasi lengkap ke berbagai payment gateway di Indonesia. Menerima, memproses, dan mencairkan pembayaran dengan mudah
  • SkorLife — Download Skorlife App now and check your credit score online for free! Take control, own, and see how Banks see your data only in a matter of seconds.
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Utsav Somani
Angel · 2 investments in the past 12 months

Looking for - Passionate founders looking to target a market with tremendous future potential and stands to be disrupted by a new entrant. Crucial that the product / service is not easily replicable and the domain expertise of the company is a deterrent to fresh entrants.Keen interest in - Clean Technology, Consumer Internet, EnterpriseSoftware, Health Care, Mobile, SaaSSkills - Angel Investing, Financial Modelling & Valuation, Information Technology, Portfolio Management, Risk Management

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Investment focus

  • Apps, Financial Services, Software
  • Seed, Series A, Pre-Seed
  • India, United States, Indonesia

Portfolio highlights

  • OTPless — Explore top-notch authentication solutions like WhatsApp, SMS or email-based Numeric codes and Magic Link with OTPless. High conversion, flexible integrations, and robust security features await you!
  • Supply6 — Supply6 is the perfect balance of the 6 essential micro and macro nutrients in one wholesome meal.
  • Alt Carbon — Alt Carbon operates as a climate tech platform.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 108 investments in the past 12 months

Hesham Zreik is the Founder and CEO of FasterCapital, an online accelerator and incubator. He has co-founded over 100 startups as a technical co-founder and invested in them as an angel investor. Under his leadership, FasterCapital has expanded its network to include over 1,000 regional partners, 1,000 mentors, and 200 partnerships with incubators,accelerators, and venture funds. The organization has helped over 300 startups raise more than $1 billion.Zreik began programming in 1989 with Basic, transitioning to QBasic in 1992. He ranked 7th in the Baccalaureate exams and earned an engineering degree at HIAST, followed by a DBA at Edinburgh Business School and a Master’s in Computer Information Science from AABFS.In 2018, Forbes ranked him #39 among the top 50 investors based on his investment activity and successful exits. He has invested in over 100 startups, co-founded more than 40, and has served as a mentor and board member for various companies. Zreik's investment interests include AI, fintech, blockchain, e-commerce, IoT, HR, and B2B startups.His portfolio includes companies such as Twitter, Zomato, and SpaceX. In 2002, he founded ZGroup Mobile, growing it to a valuation of $2.5–$3.25 million by 2005. The company was a candidate for acquisition by Incagold plc.

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Investment focus

  • Information Technology, Software, E-Commerce
  • Seed, Pre-Seed, Series A
  • United States, India, Nigeria

Portfolio highlights

  • Tikkno — Tikkno is a dynamic and innovative company offering an extensive portfolio of 100 high-quality services across key sectors such as technology, marketing, education, training, management, and design. Our mission is to empower businesses and individuals by providing cutting-edge solutions tailored to their unique needs.In technology, Tikknodelivers comprehensive IT services that streamline operations, boost efficiency, and enhance digital transformation. From software development to cybersecurity, our solutions are built to keep businesses ahead in the rapidly evolving tech landscape.In marketing, we craft data-driven strategies designed to maximize brand visibility, engagement, and growth. Our team excels in digital marketing, SEO, social media management, and advertising, helping businesses connect with their target audiences effectively.Our education and training services focus on upskilling teams and individuals through tailored programs that combine industry-leading knowledge with practical application. We offer specialized training to ensure that clients stay competitive in today’s fast-paced environment.Management and design services from Tikkno ensure that businesses operate efficiently while presenting a strong visual identity. Our management consulting aids in optimizing workflows and strategic planning, while our design services deliver creative, visually compelling solutions that resonate with audiences.Investing in Tikkno means investing in a forward-thinking company that is dedicated to delivering measurable value, innovative solutions, and long-term growth. With a commitment to excellence and a proven track record of success, Tikkno is positioned to become a key player in driving business success across various industries.
  • Accel Growth — Accel Growth has created an amazing super oxygenation machine that uses a radical technique to supersaturate water with oxygen by forming new chemical interactions with the minerals in the water.
  • Intech Research Group — Welcome to the world of TROT FTRs. Empowering the world like never before. Opens up many new business opportunities. And opportunities for the businesses. The opportunities you can’t afford to miss. An ideal for investors. TROT FTRs enjoy huge potential to become a trillion-dollar business. Once-in-a-lifetime opportunity. Robust, sustained revenuestreams. Saves on future inflation for the global households. Year after year, Plan your budget without worrying. Hedge your costs or sell the rights for a good profit. Save big on your vacation, buying a home, children's education, healthcare. And many more. Why not earn while hedging? Good returns. Anytime liquidity, High Safety. Buy, sell, redeem, gift – all from your home comfort. No brokers. FTRs sold by vetted, reputed businesses. Blockchain registered. Legally compliant. Many Govt. corporations may soon offer their FTRs. Tourism, healthcare, agriculture, real estate, education, lifestyle, and many others. Freely tradable on TROT Exchange. ideal investment for households and businesses alike. FTRs for HNIs as the Market Makers. Multiply your returns. Minimal risk. One platform to weave the world's largest and the best network of all the participants – from businesses to households to the service providers An ideal solution for businesses. Meet all your finance needs. No ownership sharing. Think big. Plus, a huge marketing boost. Market Maker support as the up-front buyers.
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Krishnan Menon
Angel

Krishnan Menon is founder & CEO at BukuKas.

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Investment focus

  • FinTech, Information Technology, Payments
  • Seed, Pre-Seed, Series B
  • India, Indonesia, Singapore

Portfolio highlights

  • FloBiz — FloBiz is a neobank for small & medium businesses of India that aims to accelerate the growth of their businesses through technology.
  • SkorLife — Download Skorlife App now and check your credit score online for free! Take control, own, and see how Banks see your data only in a matter of seconds.
  • Remedo Healthcare — Help more patients find you online and reach you easily. Remedo premium services empower doctors to make their own brand and emerge as thought leaders in their own specialty by creating an engaged, loyal & informed community of patients. Remedo has helped 6000+ doctors across India to build an online presence for themselves
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Rondy Yunanda Yong
Angel · Kuala Lumpur, Kuala Lumpur, Malaysia

Rondy Yunanda Yong

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Investment focus

  • Finance, Big Data, Internet
  • Seed
  • Indonesia, Singapore

Portfolio highlights

  • MHub
  • Stockbit — Aplikasi saham untuk berdiskusi, analisa dan berinvestasi dengan harga real time, berita terkini, riset, data fundamental, charting, dan analytical tools yang lengkap
  • SmartClean Technologies — SmartClean Technologies is an internet of things and AI company that offers data-driven cleaning operations designed for facilities. It utilizes a cleanliness monitoring system that provides real-time monitoring of Facilities via sensors. The company was founded in 2017 and headquartered in Singapore.
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Nancy Xiao
Angel

Nancy Xiao

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Investment focus

  • Credit, FinTech, Accounting
  • Seed
  • Indonesia

Portfolio highlights

  • BukuWarung — BukuWarung adalah aplikasi keuangan untuk UMKM yang menyediakan pembayaran, layanan finansial, pembukuan hingga perdagangan.
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Achmad Zaky
Angel · Jakarta, Jakarta Raya, Indonesia

Zaky is the Founder and CEO of Bukalapak, the largest marketplace for small sellers in Indonesia. He launched Bukalapak in March 2010 as a division of his Digital Consulting company, Suitmedia. Under his leadership, Bukalapak is experiencing tremendous growth until now. Currently, Bukalapak has more than 80k individual and small sellers by end of2013. Achmad received a bachelor's degree in Computer Science at Institut Teknologi Bandung.

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Investment focus

  • Energy, FinTech, Internet
  • Seed, Pre-Seed
  • Indonesia

Portfolio highlights

  • Komerce — Komerce siap membantu peningkatan performa penjualan di e-commerce dengan menyediakan talent support terlatih, platform pengiriman pesanan, hingga manajemen pergudangan.
  • Powerbrain — Powerbrain helps to save energy hollistically by combining technology and financial solutions.
  • SkorLife — Download Skorlife App now and check your credit score online for free! Take control, own, and see how Banks see your data only in a matter of seconds.
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David V&eacute;lez
Angel · São Paulo, Sao Paulo, Brazil

David Vélez is the Founder and CEO of Nu Colombia. He previously worked at Sequoia Capital as a Partner. David Vélez attended Stanford University.

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Investment focus

  • Financial Services, FinTech, Banking
  • Series A, Seed, Pre-Seed
  • Brazil, United States, Mexico

Portfolio highlights

  • Justos — Justos is disrupting the insurance market in Latin America.
  • Civi — Civi App is a security application which provides access to real time security alerts and news information for avoiding risky situations.
  • Galena — Established in 2020, Galena trains and develops young talented individuals for the jobs of the future.
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Vidit Agrawal
Angel · Singapore, Central Region, Singapore

Vidit Agrawal is a Co-Founder and CEO of GajiGesa. He was formerly Head of Business Development APAC at Stripe, COO at CARRO, and the first employee at Uber in Asia.

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Investment focus

  • AgTech, Agriculture, Financial Services
  • Seed, Pre-Seed
  • Indonesia

Portfolio highlights

  • MAKMUR — MAKMUR is a start-up that provides technology-based investment app to help Indonesians plan their financial goals and invest for the long term easily, safely, and sustainably.
  • Eratani — Eratani is an Agri-tech company is to focus on building a agricultural ecosystem and seeks to provide farmers with easy access to technology to increase the productivity and welfare of the agricultural ecosystem.
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Hsu Ken Ooi
Angel

Hsu Ken Ooi is the Co-Founder and Managing Partner at Iterative.

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Investment focus

  • FinTech, Software, Artificial Intelligence
  • Pre-Seed, Seed, Series A
  • Singapore, Indonesia, United States

Portfolio highlights

  • ThriveAI — Offload the busywork. Focus on the outcomes that matter.
  • Brick — Brick is a financial data application programming interface (API) that allows developers to offer in-app financial services.
  • Superagent — Superagent is a full-stack AI Real Estate brokerage built to close deals faster, cheaper, and smarter. Launched in Phuket, Thailand with global ambitions, Superagent enhances the customer experience by replacing slow, manual processes with intelligent AI and involving people only when they add real value. This leads to shorter sales cycles, up to80% lower costs, and 10x the profit margins compared to traditional brokerages. In the future all real estate transactions will be enabled by AI. Already today Superagent reimagines brokerage operation and builds the most efficient and effective real estate agency in the word.
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Yan Wu
Angel

Yan Wu is the Co-Founder, Chief Operating Officer at Bond Financial Technologies, Inc . Yan Wu attended The Wharton School.

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Investment focus

  • Financial Services, FinTech, Cryptocurrency
  • Seed, Pre-Seed
  • India, Indonesia

Portfolio highlights

  • Carret — Discover your gateway to crypto wealth with Carret, your trusted Crypto Trading Platform. Invest confidently and earn up to 17% APY on stable-coins. Start earning now with Carret and unlock the potential of your crypto investments.
  • Brick — Brick is a financial data application programming interface (API) that allows developers to offer in-app financial services.
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Rohit Bansal
Angel · Gurgaon, Haryana, India · 2 investments in the past 12 months

Rohit Bansal - Co-Founder @ Snapdeal

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Investment focus

  • Internet, Software, E-Commerce
  • Seed, Series A, Pre-Seed
  • India, United States, Singapore

Portfolio highlights

  • Peeko — Peeko is a quick commerce platform that specializes in baby care products and accessories, promising 60-minute delivery.
  • Equal Identity — Equal Identity operates as an ID-sharing platform.
  • Eyewear designed& labs — Eyewear designed& labs is a eyewear startup.
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Eric Kwan
Angel · San Francisco, California, United States

Eric Kwan - Co-Founder & Managing Partner @ Locus Ventures

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Investment focus

  • Software, FinTech, E-Commerce
  • Seed, Pre-Seed, Funding Round
  • United States, India, Canada

Portfolio highlights

  • Treinta — Treinta is a digital ledger app for Latin American microbusinesses. Through Treinta, users can easily record transactions by assigning products from their inventory and see how their business metrics evolve in real time. The app helps owners save up to 30 minutes a day in bookkeeping related tasks and improve efficiency by over 30%. Out of the 50million microbusinesses in LATAM, today 90% still track their sales and expenses by using pen and paper.
  • Ferveret — Ferveret develops liquid cooling technology for data centers and other infrastructure. Our company is backed by Y Combinator and MIT Media Lab's E14.
  • Kriya AI is now Kalendar AI — Kalendar AI books new revenue on autopilot
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Amar Goel
Angel · Mumbai, Maharashtra, India

A serial entrepreneur, Amar founded PubMatic in 2006, serving as the company’s first CEO until his brother, Rajeev Goel, took the helm as the company’s current CEO. As Chief Growth Officer, Founder and Chairman of the Board, Amar runs PubMatic’s marketplace group, which is focused on increasing liquidity and driving monetization for the publisherson PubMatic’s platform. As part of this role, Amar is responsible for the machine learning team and runs the EMEA and APAC regions. As Chairman of the Board he is responsible for helping PubMatic’s Board and management team drive the company’s overall strategy.

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Investment focus

  • Analytics, B2B, Data Integration
  • Seed, Series A, Series B
  • United States, India, Indonesia

Portfolio highlights

  • NanoNets — AI-based intelligent document processing with Nanonets' self-learning OCR. Automate data capture from invoices, receipts, passports, ID cards & more!
  • Octane11 — Octane11 is a B2B marketing analytics platform that connects, enriches, and transforms siloed enterprise data to drive sales & marketing impact.
  • Pando — Find out how Pando Fulfillment Cloud can help you effortlessly orchestrate customer & supplier deliveries.
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Meng Xiong Kuok
Angel

Meng Xiong Kuok - Founder & Managing Partner @ K3 Ventures

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Investment focus

  • Financial Services, FinTech, Transportation
  • Funding Round, Series A, Seed
  • Singapore, United States, China

Portfolio highlights

  • Cicil — Solusi pembiayaan untuk kegiatan rantai pasok bisnis Anda dari hulu ke hilir yang mudah dan cepat.
  • SimplyGood — SimplyGood supplies environmentally friendly cleaning and personal care products.
  • SEGG Media — Lottery.com is the internet's top source for official lottery results, numbers, games, jackpots, winners and news.
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Sima Gandhi
Angel · San Francisco Bay Area, California, United States

Sima Gandhi is Co-founder and CEO at Creative Juice.

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Investment focus

  • FinTech, Software, Financial Services
  • Seed, Series A
  • United States, Indonesia, South Africa

Portfolio highlights

  • Phyllo — Easily access verified, creator-consented data such as identity, income, and engagement across hundreds of platforms through our API
  • Brick — Brick is a financial data application programming interface (API) that allows developers to offer in-app financial services.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
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Andrea Baronchelli
Angel · Jakarta, Jakarta Raya, Indonesia

Y-Combinator & Rocket Internet Alum. Financial and Technology background. I love finding solutions to challenging problems and getting things done. I excel at managing hyper growth products, developing and implementing tech solutions.Currently CEO and Co-Founder of Aspire. Previously EVP Lazada (Alibaba Group), Chief Marketing Officer atLazada in Singapore. I spent the last five years developing marketplace platforms across South East Asia, covering multiple roles within Lazada Group including co-founding and managing Lazada's C2C platform Lamido, setting up Home vertical in key South East Asian markets. Prior, I was part of the founding team of Lazada Crossborder Hub in Hong-Kong.

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Investment focus

  • Information Technology, Financial Services, FinTech
  • Seed, Pre-Seed
  • Italy, Canada, Indonesia

Portfolio highlights

  • Brick — Brick is a financial data application programming interface (API) that allows developers to offer in-app financial services.
  • Pluto — Unlimited corporate cards with spend controls, petty cash management and automated receipt collection built for businesses in MENA (UAE, Saudi Arabia & more).
  • Sweetguest — We manage the whole process of short-rental, giving to our clients and their guests a high quality service. We enhance our client to earn money and time. Reservations, checkin, checkout, laundry and cleaning. We deal with just about anything!
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Justin Mateen
Angel · 8 investments in the past 12 months

Justin Mateen is the Founder of Tinder, the world's largest dating platform. Founded in 2012, Tinder is the highest grossing app on Apple's app store since 2017 and was valued at over $40 Billion dollars in 2021. In 2021, Business Insider ranked Mateen as the best early stage investor in the US, placing him at the number 1 spot on thetop 100 list of US Seed Investors. In 2020, Forbes included Mateen on their list of the decade's top 10 tech entrepreneurs. Fast Company has listed him as one of the most creative people in business.

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Investment focus

  • Software, E-Commerce, Financial Services
  • Seed, Series A, Pre-Seed
  • United States, Mexico, India

Portfolio highlights

  • Whop — One-stop-shop for all the latest and greatest digital products to help you earn online. From trading software to reselling communities, we've got you.
  • Slash — Tens of thousands of online businesses use Slash to track their profits, earn cash back, and get faster payouts from platforms like GOAT and Amazon. No LLC required, no account fees, no minimum balance, and no credit checks.
  • Somethings — We connect your teen with a professional, trained 20-28 year old mentor who supports your teen via text and video call whenever they need. Start today.
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Jefrey Joe
Angel · Jakarta, Jakarta Raya, Indonesia

Jefrey Joe - Co-Founder, Managing Partner @ Alpha JWC Ventures

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Investment focus

  • Financial Services, E-Commerce, Information Technology
  • Seed, Series A, Pre-Seed
  • Indonesia, Singapore

Portfolio highlights

  • Peak3 — ZA Tech is an InsurTech company that allows everyone to have the truly digital insurance experience. Providing the technology capability to insurer like NTUC Income, AIA, Zurich and many more to expand their business into the growing digital channels.
  • KarirLab — Tips Karir, Cari kerja dan magang, buat resume ATS-friendly, evaluasi resume oleh ahli, dan ikuti webinar persiapan kerja.
  • Angel Investment Network Indonesia (ANGIN) — Angel Investment Network Indonesia (ANGIN) is the first and largest network of angel investors in Indonesia. Composed of more than 70 prominent business leaders and supported by a full-time investment team, ANGIN Investors aim to bring the perfect combination of early stage capital, industry expertise and key connections to early stage companiesoperating in Indonesia.
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Brian Ma
Angel · San Francisco, California, United States

Brian Ma is the Founder and Managing Partner at Iterative Capital. Co-Founder at Decide.com, recently acquired by Ebay. He is a serial entrepreneur, angel investor, and advisor at various startups.

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Investment focus

  • Real Estate, Property Management, FinTech
  • Seed, Pre-Seed, Series A
  • Singapore, Indonesia, United States

Portfolio highlights

  • Castia — acasa is a Latam based Proptech. acasa enables homeowners in Latam to move to a new home in a fast and simple manner, leveraging their current home equity. Then we sell the old home or else we buy it after 6 months.
  • Silkhaus — Silkhaus makes living comfortable and convenient through 24/7 mobile support and a digital concierge.
  • PropertyScout — PropertyScout is a proptech startup that builds an end-to-end rental and sale platform for owners, agents, buyers, and tenants. The startup is connecting over 1,800 agents and agencies with buyers, renters, and owners, servicing thousands of satisfied customers every month. PropertyScout leverages its database of more than 200,000 properties, itstechnology platform, and its centralized operations to digitize and automate 90% of the real estate transaction. This frees up agents’ time to professionally and efficiently communicate with buyers, renters, owners and co-agents to deliver outstanding service and close transactions faster. Providing a transparent and trusted experience, PropertyScout has quickly become the favorite go-to place for buying, selling, and renting real estate in Thailand, as proven by hundreds of five-star reviews.
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Kunal Bahl
Angel · New Delhi, Delhi, India

Kunal is a technology entrepreneur and investor.

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Investment focus

  • Internet, E-Commerce, Software
  • Seed, Series A, Funding Round
  • India, United States, Singapore

Portfolio highlights

  • Legistify — Legistify offers AI-powered legal operations software to streamline workflows, manage contracts, track legal cases and improve productivity for enterprise legal teams
  • Equal Identity — Equal Identity operates as an ID-sharing platform.
  • Eyewear designed& labs — Eyewear designed& labs is a eyewear startup.
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Yiping Goh
Angel

Yiping Goh

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Investment focus

  • Financial Services, FinTech, Finance
  • Seed, Series A
  • Singapore, Indonesia, Vietnam

Portfolio highlights

  • MAKMUR — MAKMUR is a start-up that provides technology-based investment app to help Indonesians plan their financial goals and invest for the long term easily, safely, and sustainably.
  • ByteGenie — ByteGenie helps hospitality teams increase sales and cut procurement costs with an AI-powered Bloomberg-like data platform that leverages real-time data scraping and standardisation to support lead generation, events intelligence, price benchmarking and supplier intelligence.
  • Chain Debrief — Chain Debrief aims to inform, educate, and connect the global investment community through our crypto guides, news, analyses, and opinion pieces.
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Michaelangelo Moran
Angel · Jakarta, Jakarta Raya, Indonesia

Michaelangelo Moran - Co-Founder, Brand Director @ Gojek

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Investment focus

  • Automotive, E-Commerce, Trading Platform
  • Seed
  • Indonesia

Portfolio highlights

  • BeliMobilGue — BeliMobilGue.co.id is an amazing platform that helps you sell your car immediately and without any hassle. Simply click on free valuation and inspection of your car, and sell your car easy, safe and quick while the money will be transferred to your bank account immediately.Enjoy 3 steps to sell your car with super easy, safe, and free ribet!
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Frank Chung
Angel

Frank Chung is a portfolio manager and angel investor.

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Investment focus

  • FinTech, Asset Management, Financial Services
  • Seed
  • Indonesia

Portfolio highlights

  • Seeds — Seeds is a fintech company that offers a multi-asset investment platform assisting digital-savvy millennials to earn passive income.
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Firlie Ganinduto
Angel · Jakarta, Jakarta Raya, Indonesia

president

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Investment focus

  • FinTech, Consulting, Document Management
  • Seed
  • Indonesia

Portfolio highlights

  • Momofin — Revolutionizing the way you manage documents Momofin builds an ecosystem to support you in transforming your business process to be swifter, smarter, and simpler. Get in Touch As seen on : Time to shift to digital style Experience convenience with simple and secure digital stamps. eMET has special e-Stamp characteristics, containing elements of security issued
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Jefferson Chen
Angel · Beijing, Beijing, China

Jefferson Lanjie Chen is the Co-Founder, Group Chairman & CEO at Advance Intelligence Group.

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Investment focus

  • Shoes, Fashion, FinTech
  • Pre-Seed, Series A, Series B
  • Singapore, Indonesia

Portfolio highlights

  • Novelship — Novelship is Asia's fastest growing marketplace for limited edition sneakers, apparel and collectibles from the world's most exclusive brands including Jordan, Yeezy, Supreme and more!
  • SkorLife — Download Skorlife App now and check your credit score online for free! Take control, own, and see how Banks see your data only in a matter of seconds.
  • Rocket Academy — Selective and comprehensive online software engineering bootcamp in Singapore, Hong Kong and Australia.
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Williem Williem
Angel

Williem is a CTO at Verihubs who is an enthusiast in product management, software engineering, computer vision, and artificial intelligence. He obtained his Ph.D. in Computer Vision from Inha University (South Korea) in 2017. He is one of very few Indonesians that has published research in top publications, such as CVPR, ICCV, TPAMI. He loves toexplore new tech.

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Investment focus

  • FinTech, Financial Services
  • Pre-Seed
  • Indonesia

Portfolio highlights

  • UpBanx — Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments.
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Manik Gupta
Angel · Los Altos, California, United States · 1 investment in the past 12 months

Manik Gupta is the Chief Product Officer at Uber. Prior to taking on this role, Manik ran Uber's Marketplace and Maps product teams, where he was responsible for creating best-in-class mapping solutions and marketplace technologies. Throughout his career, Manik has focused on the problems around “helping move X from point A to point B.” Priorto Uber, Manik worked on Google Maps for over 7 years. He led the creation and curation of all the maps and business data to make Google Maps the most accurate, comprehensive, and useful map of the world.Manik grew up in India and spent many years in Singapore, where he founded an e-commerce startup, BuyItTogether.com, right out of college. The company was successfully acquired by a Norwegian company, CoShopper.com, and Manik subsequently managed Hewlett Packard's e-commerce initiatives in Asia-Pacific and Japan. He studied computer engineering at Nanyang Technological University and received an MBA from Indian School of Business in Hyderabad, India.

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Investment focus

  • Software, Information Technology, Internet
  • Seed, Pre-Seed, Series A
  • United States, India, Canada

Portfolio highlights

  • Pogo — Unlock the power of your data to earn and save on shopping, finances and more. Download the Pogo app today to start earning and saving cash. 4.9 stars in the App Store.
  • Pogo — Unlock the power of your data to earn and save on shopping, finances and more. Download the Pogo app today to start earning and saving cash. 4.9 stars in the App Store.
  • Arta Finance — Arta Finance is a network of innovators, researchers, finance specialists, and business executives who help people get the most of their finances. Arta offers access to financial opportunities that help people to plan and enjoy their financial future but with less complexity and lower fees. It was founded by Caesar Sengupta.
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Scott Belsky
Angel · New York, New York, United States · 5 investments in the past 12 months

Scott Belsky is currently a Partner at A24, where he leads technology and innovation projects. He previously served as the Chief Strategy Officer and Executive Vice President of Design & Emerging Products at Adobe. He attended Harvard Business School.

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Investment focus

  • Software, Artificial Intelligence, Internet
  • Seed, Series A, Pre-Seed
  • United States, Germany, United Kingdom

Portfolio highlights

  • Extend — The document processing platform built for the next generation.
  • Doctronic — Doctronic is the first D2C AI doctor working with human doctors in all 50 states in the US (and moving into other countries quickly). Get immediate AI diagnosis and then ask a human doctor to verify / act on that diagnosis if needed.
  • Hero Assistant — Hero is a comprehensive daily assistant app designed to help users manage and run their life all in one place. It features integrated tools for grocery lists (with direct ordering via Instacart), to-dos, calendar events, habit tracking, weather updates, AI-powered search, notes, and notifications that alert even when the phone is on silent.
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Aakrit Vaish
Angel · Mumbai, Maharashtra, India · 1 investment in the past 12 months

Aakrit Vaish is the co-founder and CEO of Haptik, who pioneered the wave of conversational AI starting back in 2013. Today, Haptik is one of the world's largest companies in the space with offices in New York, Los Angeles, Mumbai, Singapore, and clients that include names such as KFC, Starhub, Zurich Insurance, Ola Cabs, Hotstar, Oyo Rooms,Kotak Life. In April 2019, Reliance Industries acquired the majority shareholding in the company in a $100 million transaction, making Haptik one of the highest valued AI companies globally. Outside of Haptik, Aakrit is an investor in startups in the areas of consumer/consumer tech and B2B SaaS. Notable investments include Unacademy (valued at >$200 million), Pepper Content, Park+, Flat White Capital, Third Wave Coffee, Ayoconnect, Boxhub, Dataweave, Haikujam (Ligthtbox backed), Flatchat (sold to Commonfloor in 2014), Tookitaki, Dil Mil, Ayopop, iON Energy, Talent Litmus, among others.Prior to Haptik,Aakrit was an early member of the team at Flurry, one of the world's largest mobile analytics and advertising platforms, acquired by Yahoo in 2014. Aakrit received his BS in Industrial Engineering from the University of Illinois, Urbana Champaign and was named as a contender to the Forbes India 30 under 30 list in 2015.

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Investment focus

  • Internet, E-Commerce, Health Care
  • Seed, Angel, Series A
  • India, Canada, Indonesia

Portfolio highlights

  • Creativefuel — Priorities brands should use Meme MarketingThis appropriate engagement that meme marketing brings out of the major reason why brands should use our meme marketing to advertise with us. Let’s target more folded advantages that Meme Marketing will have over any of its relative threshold counterparts.Here are 4 reasons why many advertisingbrands should use meme marketing over other basic methods of advert:1. Meme’s deliver by creative fuel out staged campaign eternal proven better engage rate than promoted avert on a social media If you, done a paid campaign to engage your result page, to optimized your ad result but, always track’ when you look at the engagement result and stats.2. If you are meme jacking do enclosed a disclaimer for your event, have an advantage over any other creatives that you always make a creative. Reason: The meme is already viral and ensures engaged you sour if you put your message through it in the right manner (WE CAN HELP). Whereas, if you produce a traditional Ad, it definitely cannot compete with the engagement rate of a meme’s.3. Brand major-related wings invest their major chunk of brand banner for advertising thinking there will be a brand awareness campaign containing social lead if nothing else. Campaign results may be right, but why limit the scope have just brand awareness when you can generate lead brands outsourced directly. People off, they relate with their meme post so well that it leaves a lasting impression of the brand page on them and initiates a Return a page conversation for the internet community standard organization.Often companies/brands have this reaction when ROI (return on investment) for their online campaign yields poor results:4. People spend time on the internet to consume good content as well as to skip brand communications. This is because they bring along them a FUZZ factor. Whereas, if the same message snippet can be delivered via meme in such a way that the person related enjoys looking at it. Well, it does look like an idea.What meme marketing feels like in Meme’s Marketing:A question might arise… What happens even if we create a Meme, Our Brand ‘awesome Handle in a million followers (Axis number) what trend’s follow and target out followers Meme Marketing related is not about linked posting Memes on your Brand Handle, All the Memes produced are seed’s on Social media via Meme Pages. These Meme Pages have their own massive and target audience and hence the idea is to leverage out that attention.
  • The Yarn Bazaar — The Yarn Bazaar is a Purpose-Led, Modern, Efficient, and Transparent managed Marketplace for yarn that allows yarn buyers and sellers to discover real-time yarn prices, information, and market trends in an instant. Our proprietary processes and flexible unsecured financing options enable yarn sellers to expand their reach and sales whilemaintaining higher margins, and buyers to discover and purchase high-quality yarn at unbeatable prices while reducing raw material and procurement costs, saving time, money, and effort.
  • GrayQuest — GrayQuest Education Finance Pvt. Ltd provides Parents and Students with the most convenient and easiest option to pay fees to their Institute.
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Nipun Mehra
Angel · New Delhi, Delhi, India

Nipun is a co-founder of Ula. Nipun has had previous stints building out businesses and categories at Amazon and Flipkart, has been an investment advisor with Sequoia Capital and been part of the leadership team at payments unicorn Pine Labs. Nipun holds a Masters in Computer Science from Stanford University an MBA from The Wharton School

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Investment focus

  • Financial Services, FinTech, B2B
  • Seed, Pre-Seed, Series A
  • India, Indonesia, Pakistan

Portfolio highlights

  • Ximkart — Everything you need to import raw materials. minus the headache! For manufacturers and businesses of every scale. With Ximkart, cross border trade is as easy as buying from your local supplier. We are currently dealing with Metals, Minerals, Chemicals with having a large list of QC tested products like Silicon, Titanium, Calcium Carbonate, Styrene, Ethyl Acetate, Isopropyl Alcohol, Ingots, Magnesium, Mixed Xylene, Butyl Acetate, Scrap, Alloy Wheel, MTO, GTO, Pine Oil, Rutile, 2196+, KMML, Doguide, RJ916, CPCL, BPCL, HPCL, 553, 441, 3303, DBM and many more.
  • SuperK — SuperK is the fastest growing supermarket chain in Andhra Pradesh and Telangana with 100+ stores across Kadapa and Anantapur
  • Creative Galileo — Creative Galileo sits at the intersection of education, technology, and gaming, and leverages character based learning with cutting edge technology.. Our first product is the Little Singham: Kids Early Learning App which 1M downloads on the Plat Store
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Samuel Jeanblanc
Angel · Tokyo, Tokyo, Japan

Samuel Jeanblanc

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Investment focus

  • FinTech, Asset Management, Financial Services
  • Seed
  • Indonesia

Portfolio highlights

  • Seeds — Seeds is a fintech company that offers a multi-asset investment platform assisting digital-savvy millennials to earn passive income.
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Rorian Pratyaksa
Angel · Jakarta, Jakarta Raya, Indonesia

Rorian Pratyaksa is the Co-Founder and CEO at Woobiz.

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Investment focus

  • FinTech, Consulting, Document Management
  • Seed
  • Indonesia

Portfolio highlights

  • Momofin — Revolutionizing the way you manage documents Momofin builds an ecosystem to support you in transforming your business process to be swifter, smarter, and simpler. Get in Touch As seen on : Time to shift to digital style Experience convenience with simple and secure digital stamps. eMET has special e-Stamp characteristics, containing elements of security issued
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Patrick Walujo
Angel · Metropolitan, Michigan, United States

Patrick Walujo - CEO @ GoTo Group

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Investment focus

  • E-Commerce, Financial Services, Farming
  • Seed, Series A, Series B
  • Indonesia, Singapore

Portfolio highlights

  • Ula — Ula is an Indonesia-focused marketplace app that uses technology to modernize distribution and credit in traditional retail. Its B2B marketplace provides small retailers competitive pricing, wide and accessible variety and favourable payment terms, all at the push of a button.The company leverages the power of technology to level the playingfield for small retailers. Its ambitious and diverse team builds innovative solutions, addressing major pain points around supply chain and financial services to keep its retailers competitive in today's digital age.
  • Qapita — Qapita is a market leader in India & SEA built to automate workflows around equity management process for CapTables, ESOPs, Due-diligence, and Transactions.
  • GajiGesa — GajiGesa is the preferred financial wellness partner for employers in Indonesia. GajiGesa's powerful fintech platform is built to help millions of hardworking Indonesians take control of their financial lives with dignity. The GajiGesa app provides member employees with earned wage access, financial education, and other financial managementtools to improve their long-term financial health responsibly. It also empowers employer partners with an enterprise-grade HR analytics platform to improve employee productivity, engagement, and retention by reducing financial stress for their teams. The company has seen 12x growth since January with more large enterprises keen to embrace this financial wellness solution. And we have doubled our overall enterprise customer base in the last quarter and now partner with 60+ companies, serving tens of thousands of employees. Based on GajiGesa’s most recent survey, for employers that partner with GajiGesa, over 75% of their employees have stopped using informal lenders for short term needs because our EWA solution gives them the financial security they need under the purview of the employer. GajiGesa is also increasingly popular for employees that have micro-businesses at home. They often use GajiGesa and use their salary as working capital rather than turning to informal lenders. Health related expenses is another common reason for GajiGesa usage. In early May, the company launched GajiTim, Southeast Asia’s first employee management app for MSMEs and SMEs to manage their workforce efficiently bringing transparency in income tracking and salary calculation. The app is aimed at businesses with between 5 to 100 workers and has gained more than 50,000 active users since it was launched in mid-March. This latest product innovation supercharges GajiGesa’s effort to expand financial resilience - establishing greater transparency in employee management as well as creating a holistic and meaningful integrated employee benefits solution for businesses of all sizes and their employees.The company was founded in 2020 by Martyna Malinowska (formerly Product Lead at Standard Chartered Bank, Product Director at LenddoEFL) and Vidit Agarwal (formerly Head of Business Development APAC at Stripe, COO at CARRO, and first employee at Uber in Asia). The company is Headquartered in Jakarta with a distributed team also based in India and Singapore. GajiGesa announced a US$2.5 million Seed round in February (led by Defy.vc and Quest Ventures) and an undisclosed growth round in early May from additional strategic investors including OCBC NISP Ventura, the Founders of Kopi Kenangan, and other Indonesian investors and family offices.
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