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Brick Closes $8.5M Seed To Enable Open Finance Across Southeast Asia

Feb 10, 2022•over 3 years ago

Amount Raised

$8.5 Million

Round Type

seed

Description

Financial apps are proliferating across Southeast Asia, making things like bookkeeping or securing an online loan easier. But this means fintechs need access to large amounts of data that they can use to verify customer identity, creditworthiness or aggregate information from online accounts. Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms.

Company Information

Company

Brick

About

The company announced today it has closed a $8.5 million seed round led by Flourish Ventures and Antler. Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Founded in in 2020 by Tan and CTO Deepak Malhotra, Brick now has more than 50 paying clients and supports more than 13 million API calls and almost one million consumers a month.