FUNDtastic
Treasury Tower 10th Floor Suite B District 8 Lot 28 SCBD Jl. Jend Sudirman Kav. 52-53 No.5 Senayan, Kebayoran Baru, Jakarta Selatan, 12190, Indonesia
Overview
FUNDtastic is an Indonesian investment platform that offers retail investors access to mutual funds and gold investment options. The company acquired mutual funds and securities portal Invisee last year for $6.5 million, enabling it to sell mutual fund products directly. FUNDtastic plans to expand its product roster to include retail bonds, insurance, and peer-to-peer lending. The company raised a $7.7 million Series A to tap rising retail investing demand. FUNDtastic is targeting younger investors, particularly those aged 18 to 30, amid growing retail participation in Indonesia. The company was founded in 2019 and is based in Jakarta.
- Total raised
- $8M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Feb 2021
Industries
- Financial Services
- FinTech
- Insurance
- InsurTech
- Mobile Apps
Recent funding
Series A
Feb 2021
$8M