Ajaib Group today (29/3) announced additional funding in Series A round worth $65 million, led by Ribbit Capital. Combined with the previously announced series A, Ajaib has managed to book a total of $90 million or equivalent to 1.3 trillion Rupiah in this round - and is said to be the largest Series A funding round in Southeast Asia.

This is Ribbit Capital's debut in Southeast Asia. They previously invested in global players such as Coinbase, Affirm, Revolut and Robinhood. In addition, several investors involved in Ajaib's funding, including Y Combinator Continuity, ICONIQ Capital, and Bangkok Bank PLC; as well as several angel investors from fintech founders such as David Velez from Nubank and SG Lee from Toss.