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Indonesian Fintech Firm Upbanx Raises $5.2M In Pre-Seed Round To Expand Ops

Jan 02, 2022•over 3 years ago

Amount Raised

$5.2 Million

Round Type

pre-seed

Financial ServicesSports

Description

UpBanx, Indonesia’s fintech platform for creators and brands established mid last year, has secured $5.2 million in a pre-seed round as it gears up to expand its operations in the market.

Company Information

Company

Up Banx

About

The startup helps them get financing, grow commercial partnerships, incorporate and raise investments. With UpBanx’s first-ever fundraising exercise, the startup plans to accelerate its product development and business growth, leveraging on Y Combinator’s world-class accelerator programme and investors’ experience, said Taftazani. UpBanx, co-founded by Taftazani, along with Hendri Wijaya and Alif Jafar Fatkhurrohman, is a fintech firm that caters to creators, brands, freelancers, and agencies, among others.