Tech Company Financing Transactions

Wagely Funding Round

Wagely, based in Jakarta, secured $8.3 million from East Ventures, 1982 Ventures and Asian Development Bank.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A
Proceeds Purpose
The new capital will enable the company to accelerate its market-leading position in Indonesia and Bangladesh and spur the development of its holistic financial wellness platform, which the company plans to start rolling out later this year.

Company Information

Company Status
Private & Independent
Mailing Address
Citylofts Sudirman 2001, Number 121 Jl. K.H. Mas Mansyur, RT
Jakarta, 10220
Email Address
Not Recorded
Developer of a financial wellness platform designed to reduce financial stress. The company's platform helps employees to access already earned but unpaid wages to eliminate cash advances and offer real financial benefits to boost employee financial health, enabling employees to have greater flexibility to pay bills on time, avoid late fees and pay for unexpected expenses.
Wagely LinkedIn Company Profile
Social Media
Wagely Company Twitter Account
Company News
Wagely News
Wagely on Facebook
Wagely on YouTube

Management Team

Email & Social
Chief Executive Officer
Tobias Fischer
  Tobias Fischer LinkedIn Profile  Tobias Fischer Twitter Account  Tobias Fischer News  Tobias Fischer on Facebook
Chief Operating Officer
Kevin Hausburg
  Kevin Hausburg LinkedIn Profile  Kevin Hausburg Twitter Account  Kevin Hausburg News  Kevin Hausburg on Facebook
Chief Technical Officer
Sasanadi Ruka
  Sasanadi Ruka LinkedIn Profile  Sasanadi Ruka Twitter Account  Sasanadi Ruka News  Sasanadi Ruka on Facebook



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Prev: 3/15/2022: New Era ADR venture capital transaction
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