1. Startup

Bareksa Officially Launches "BaTaRA" Robo Advisor Licensed by OJK

Became the first startup to receive an investment advisory license for the "robo advisor" platform

Bareksa, a mutual fund investment marketplace platform, officially launches BaTaRA robo advisor (Bareksa Tactical Robo Advisor) after obtaining an "Investment Advisor" license from OJK dated April 21, 2021. The trial has been conducted for nine months, since August 2020, attended by 1000 customers .

In an official statement, Robo Advisor Bareksa provides guidance and tactical assistance for investors based on algorithms and artificial intelligence features. This is combined with the investment strategy formulated by Bareksa's team of analysts with expertise in the subject.

"We are very grateful and appreciate the support of OJK to grant permission for the first investment advisor to robo advisors in Indonesia. God willing, we will protect this mandate as well, therefore, Bareksa's Robo Advisor will likely to be safe, more reliable, independent, and can provide maximum investment results to the wider community," Bareksa's Co-Founder & CEO, Karaniya Dharmasaputra said, Monday (5/24).

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