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The startup developer of the fintech API platform, Ayoconnect, today (01/9) announced to close a pre-series B funding round of $10 million or equivalent to 143 billion Rupiah. This news also confirms the information we previously received regarding Ayoconnect's fundraising in early August.
A number of investors participated in this round, including Mandiri Capital Indonesia, Patamar Capital, and angel investors including Ilham Akbar Habibie, Paul Bernard, Jeff Lin, and several others. In addition, there are some previous investors, including BRI Ventures, AC Ventures, Kakaku, and Finch Capital.
The fresh funds will be focused on increasing company's growth, recruitment, and product development. With this new investment, the company has raised $15 million in total. Furthermore, according to the sources, the estimated valuation of the company has reached around $34 million.
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