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Aditya Hadi Pratama · · 1 min readInsignia leads $2.8m round of Y Combinator-backed customer verification startup
Verihubs, an Indonesia-based customer verification platform, raised US$2.8 million in its latest funding round.
More funding details
- Lead investor: Insignia Ventures Partners
- Other investors: Central Capital Ventura (the investment arm of Indonesian largest private bank Bank Central Asia); Armand Ventures; Budi Handoko, co-founder of Shipper; Jefriyanto and Ricky Winata, co-founders of Payfazz; Rohit Mulani, co-founder of Gotrade; Chinmay Chauhan, co-founder of Bukuwarung; and Pramodh Rai, former Funding Societies chief product officer
- Stage: Seed
More company updates
- With the investment from Central Capital Ventura, Verihubs will be able to access Bank Central Asia’s (BCA) customer data. Verihubs was also a participant in BCA’s accelerator program Synrgy.
- The verification and data platform currently serves more than 45 clients, half of whom are in the financial sector, including Indonesian fintech startup Payfazz and Commonwealth Bank of Australia.
- Prior to the latest fundraise, Verihubs was admitted to Y Combinator’s summer 2021 batch and received an investment from the program. In 2019, it also received an undisclosed amount of pre-seed funding from Xfers founder Tianwei Liu and Number Capital, which is managed by Payfazz co-founder Hendra Kwik.
For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.
Editing by Collin Furtado and Arpit Nayak
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