Tech Company Financing Transactions

Flip.id Funding Round

On 6/14/2022, Flip.id secured $55 million in Series B funding from Tencent Holdings, Block and Insight Venture Partners.

Transaction Overview

Company Name
Announced On
6/14/2022
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series B
Investors

Tencent Holdings (Lead Investor)

Block

Insight Venture Partners

private investors (Gokul Rajaram)

private investors (Guillaume Pousaz)

private investors (Michael Vaughan)

Proceeds Purpose
Flip plans to use the capital to ramp up its workforce with a focus on engineering and product teams.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Depok West Java, Undisclosed
Indonesia
Email Address
Overview
Flip is a fintech-based payment platform in Indonesia. To date, Flip has served more than 7 million users and hundreds of companies and SMEs. However, Flip has a bigger purpose than just becoming a payment platform. Flip wants to help more people achieve their financial goals. Therefore, we continue to create various innovations to ensure we can deliver the fairest financial products and services.
Profile
Flip.id LinkedIn Company Profile
Social Media
Flip.id Company Twitter Account
Company News
Flip.id News
Facebook
Flip.id on Facebook
YouTube
Flip.id on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rafi Arriyan
  Rafi Arriyan LinkedIn Profile  Rafi Arriyan Twitter Account  Rafi Arriyan News  Rafi Arriyan on Facebook


 

 

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Prev: 6/14/2022: Proximie venture capital transaction
Next: 6/14/2022: CapIntel venture capital transaction

 

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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 information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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