wagely Secures 79 Billion Rupiah, Targeting 250 Thousand Employees for Early Wage Access
Seed funding was led by Integra Partners, participated also ADB Ventures, PT Triputra Trihill Capital, 1982 Ventures, and Willy Suwandi Dharma
Indonesia has the largest underbanked population in Southeast Asia. Millions of low- and middle-income workers struggle to cover unexpected expenses each month, putting significant financial pressure on their paycheck.
Tobias Fischer, Sasanadi Ruka, and Kevin Hausburg intend to address this issue by establishing wagely in March 2020 in Jakarta. Those three hold digital industry background that counts for Wagely's vision and mission to provide financial welfare to employees by providing access to early salaries.
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