https://techcrunch.com/2021/03/28/ajaib-raises-65m-series-a-extension-led-by-ribbit-capital-increasing-the-rounds-total-to-90m/

Ajaib, the Indonesian investment app, has added $65 million to its Series A, bringing the round’s new total to $90 million. The extension was led by Ribbit Capital, the fintech investor that also led Robinhood’s $3.4 billion funding last month. Ajaib is Ribbit Capital’s first investment in Southeast Asia.

The extension will be used to expand Ajaib’s product development and engineering capabilities. The startup, which claims to run the fourth largest stock brokerage in Indonesia based on number of trades, announced the $25 million first closing of its Series A in January. Other participants included Y Combinator Continuity, ICONIQ Capital, Bangkok Bank PLC, and returning investors Horizons Ventures, SoftBank Ventures Asia, Alpha JWC and Insignia Ventures. David Velez and SG Lee, the founders of fintech startups Nubank and Toss respectively, also invested.