Funding Details
- Awarder
- YCombinator
- Date Award
- December 31, 2021
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2021
- Company Description
- UpBanx is Brex for D2C brands and content creators in Indonesia. We help our customers open a high-yield business account, get financing, manage transactions, and launch Web3 projects, all in one place. There are over 700k D2C brands and content creators in Indonesia. If we serve all of them, that is a $14b/year market opportunity.
We've raised $5.6m so far from investors like Y Combinator, Alpha JWC, Alto Partners, CreditEase, Oliver Jung and lndonesia's biggest influencer Raffi Ahmad who has over 100m followers on social. We have also raised from 6 other Y Combinator founders. We are open to working with more investors that can bring strategic value to our long-term roadmap.
- Market
- Fintech
- Location
-
Jakarta,
Jakarta,
Indonesia; Remote
- Coinvestors
- YCombinator
Links