Indonesian savings and investment app Pluang gets $20M in pre-Series B funding

Indonesian savings and investment app Pluang gets $20M in pre-Series B funding

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/21/indonesian-savings-and-investment-app-pluang-gets-20m-in-pre-series-b-funding/

Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. The company offers proprietary savings and investment products that allow users to make contributions starting from 50 cents USD.

Go Ventures, the investment arm of Gojek, also participated in Pluang’s $3 million Series A, which closed in March 2019. Pluang is available through partnerships with “super apps” like Gojek, Dana and Bukalapak, and currently claims more than one million users.