Jakarta –
Unicorn Indonesia reborn, after fintech startup Wonderful pocketed Series B funding worth USD 153 million or equivalent to IDR 2.18 trillion (exchange rate of USD 1 = IDR 14,248). Ajaib has become Indonesia’s 7th unicorn startup.
The Series B funding was led by DST Global, along with previous Ajaib investors, namely Alpha JWC, Ribbit Capital, Horizons Ventures, Insignia Ventures, and Softbank Ventures Asia.
For information, DST Global and Ribbit Capital are big investors who injected Robinhood, a fintech stock investment in the United States. The Magic startups are startup the first fintech unicorn in the Southeast Asian region.
This Miraculous achievement to be on par with Tokopedia’s Gojek which merged into GoTo, Bukalapak, Traveloka and Ovo was obtained in the first two and a half years. The journey is claimed by Ajaib as the fastest startup to reach the status of unicorn in ASEAN.
With Ajaib being injected with fresh funds of Rp 2.1 trillion, the total funding that has been pocketed by this stock and mutual fund investment fintech will be USD 234 million in 2021.
Ajaib Group Co-Founder and CEO, Anderson Sumarli said, Ajaib will use the funding to massively recruit the best talent and conduct education campaigns to create more novice investors.
“Our mission is to welcome new investors to modern financial services. Indonesia still has a penetration of 1% share investors. And we still have a long way to go to support government programs to increase financial inclusion and literacy in Indonesia,” Anderson said in a press release, Monday ( 4/10/2021).
Here’s the 7th list startup unicorn Indonesia:
- GoTo
- Bukalapak
- Traveloka
- This
- J&T Express
- Xendit
- Wonderful
Not long ago, Ajaib announced one million retail investors in shares, of which the number of Indonesian investors has only 2.7 million stock investors. The growth in the number of retail stock investors in Indonesia is a moment to build the strength of Indonesia’s young generation of investors in the future.
Ajaib is committed to continuing to provide financial education, especially in the investment sector through the Stock Generation Program that has been carried out with the IDX in various regions with low financial literacy.
Ajaib has also recruited many long-time veterans of the capital market industry, as last month announcing the appointment of Andi Gani Nena Wea, the Komut BUMN and a person close to President Joko Widodo, as Komut Ajaib.
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(eight / fay)
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