Jojonomic Secures Seed Funding from East Ventures

Fintech vendor Jojonomic announced an undisclosed seed funding from East Ventures. The company now serves more than personal financial services, as it also enters B2B segment by the name of Jojonomic Pro to help companies doing their reimbursement. Ever since being launched last August, Jojonomic claims that its app has been used by thousands of users who utilize the services via their mobile phones, both iOS and Android-based.

This funding reflects Jojonomic’s latest attempt to explore the regional market. During a discussion with DailySocial two months ago, Jojonomic’s Founder and CEO Indrasto Budisantoso stated, “We have a noble vision to make people more financially literate as many as possible, as well as help many families to have healthy financial condition in a fun and easy way.”

Budisantoso was Groupon Indonesia’s CEO and Country Head.

Jojonomic also introduced a product for corporates called Jojonomic Pro. This service allows users to simply take pictures and fill out the online form via their smartphone to complete reimbursement process. The team claim that the HRD in companies can save much time by implementing their system.

“We believe that financial technology is currently growing in the region and Jojonomic, along with its execution capability, will be able to capture the opportunity just perfectly,” East Ventures’ Managing Partner Willson Cuaca commented about the funding.

In the long-term, Jojonomic eyes for Southeast Asian market.