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Aditya Hadi Pratama · · 1 min readGojek-backed investment app secures $35m funding to launch new products
Pluang, an Indonesia-based investment app, announced it has raised US$35 million in its latest funding round.
More funding details
- Lead investor: Square Peg Capital
- Existing investors: Go-Ventures and Openspace Ventures
- Other investors: Susquehanna International Group and UOB Venture Management
- Stage: Pre-series B
More company updates
- The funding is an addition to the US$20 million that the company raised in March, push the total amount in this round to US$55 million.
- Pluang will use the fresh funds to accelerate new product launches and hire more employees.
- The app gives its users the opportunity to invest in gold, index futures, mutual funds, and crypto assets. It currently has almost 3 million registered users.
- The company’s services can also be accessed through a mini-app within the platforms of tech giants such as Gojek, Dana, and Bukalapak.
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 Lorenzo Kyle Subido
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