Tech Company Financing Transactions
Bibit Funding Round
Bibit, based in Jakarta, secured $80 million in investment from GIC, Prosus Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/26/2022
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Investors
GIC (Lead Investor)
Proceeds Purpose
The funds raised will be used for the launch of new products and services, tech development, acquiring top talent from the country, and strengthening the company's financial education programs to create an investing-aware culture among the general public, Bibit said in a statement.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Menara Standard Chartered Lt. 35 Jl. Prof. Dr. Satrio No. 16
Jakarta, 12930
Indonesia
Jakarta, 12930
Indonesia
Phone
Website
Email Address
Overview
We are a startup company with a mission to increase financial literacy in all circles of society through the most optimal investment technology. Our platform enable both beginners and advanced users to invest effectively. We believe that everyone has an equal opportunity to invest in the right way to achieve a better future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sigit Kouwagam
Chief Technical Officer
Johny Susanto
Co-Founder
Wellson Lo
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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