ENGLISH
Ajaib Receives Additional Series A Funding, Securing 1.3 Trillion Rupiah
The follow on funding led by Ribbit Capital
Randi Eka - 29 March 2021
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.

DS Premium Content
Get unlimited access to discover the best minds of innovation and to perceive the finest tech journalism products in Indonesia through DS Premium Content. Learn more
Pay per Article
Rp 3k - 50k/article
- Anytime Access, only this article
powered by
Subscribe Monthly
Rp 150,000/month
- Daily Newsletter
- Premium Article
Subscribe Yearly
Rp 1,033,000/year
- Daily Newsletter
- Premium Article
Please, Sign In to Access
Premium Article
Dailysocial.id is a news portal for startup and technology innovation. You can be a part of DailySocial.id`s startup community and innovation members, download our tech research and statistic reports, and engage with our innovation community.
Sign up for our
newsletter

Thank you for Reading DailySocial.id
Starting at less than Rp 5.000/Day. You get unlimited access to DailySocial.id