Indonesia-based Fintech App Pluang Raised Another US$55 Million

Pluang aims to further expand its asset classes and extend its services to other regions


Teckwai Saw

13 Jan, 2022

Indonesia-based Fintech App Pluang Raised Another US$55 Million | BEAMSTART News

With a Series B round led by Accel, Indonesia-based investment super-app, Pluang announced that it has raised an additional US$55 million.

This adds up to an investment total of US$110 million for Pluang, as this is a follow-on round to its previously announced Series B.

Pluang's Accelerated Growth

Pluang was founded in 2019 by Richard Chua and Claudia Kolonas after both of them graduated from Harvard.

Latest Jobs

Founding Engineer

Optifye.ai

Delhi,

Full Time

USD 2400000 — USD 4800000 yearly

Growth Product Manager

Extern

Full Time

USD 130000 — USD 170000 yearly

Senior AI Product Manager

GroMo

Haryana,

Full Time

USD 1500000 — USD 3500000 yearly

Junior Staff Accountant

Hona

Utah,

Full Time

USD 55000 — USD 65000 yearly

Operations Manager

Rabbet

Colorado,

Full Time

USD 100000 — USD 150000 yearly

The fintech app offers users to purchase various investment assets, which include gold, mutual funds, and cryptocurrencies.

Users on the platform are able to invest as low as IDR 10,000 (US$0.70) in the assets provided.

“Affordability is an incredibly important thing to address for our new retail investors,” co-founder Claudia Kolonas said.

Pluang is integrated into other Indonesian super-apps like Gojek, DANA, Tokopedia and Bukalapak resulting in more than three million registered Indonesian users.

Between January 2020 and November 2021, a 22x growth in monthly transacting users and a 28.5x growth in users with an active balance were reported.

Other Investors For This Round

  • Founders of Axie Infinity, Trung Nguyen, Andy Ho, Aleksander Leonard Larsen, and Jeffrey Zirlin
  • Alexa von Tobel, former Learnvest CEO
  • Daniela Binatti, Pismo CTO
  • Sujata Bhatia, Monzo COO,
  • Jannick Malling and Leif Abraham, Public.com co-CEOs
  • Raghu Yarlagadda, FalconX CEO
  • Sergio Jimenez, Flink CEO
  • The Chainsmokers
  • BRI Ventures
  • Gold House

Community Q&A

Aims to Add More Asset Classes and Expand Regionally

With fresh funds available, the company is focusing to increase its asset classes to include Indonesian stocks and more global equities.

Moreover, Pluang is also in the works of allowing users to purchase fractional US single stocks.

Pluang also plans to penetrate other Southeast Asia countries in the near future.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Senior Software Engineer, Song Quiz

Volley

California,

Full Time

Salary Undisclosed

Director, Service Operations

Curri

California,

Full Time

USD 160000 — USD 190000 yearly

Founder's Office

CozmoX AI

California,

Full Time

USD 50000 — USD 100000 yearly

Launch Operations Specialist

RealRoots

California,

Contract

USD 80000 — USD 90000 yearly

Solutions & Sales Operations

Zensors

California,

Full Time

Salary Undisclosed

Account Executive (US)

Kombo

New York,

Full Time

USD 200000 — USD 220000 yearly

Product Strategist

Corgi

California,

Full Time

USD 100000 — USD 180000 yearly

Member of Technical Staff – Backend Engineering

Activeloop

California,

Full Time

USD 150000 — USD 250000 yearly

Customer Success Manager

Tank Payments

Texas,

Full Time

USD 75000 — USD 110000 yearly

Software Engineer (Data)

Numeral

Full Time

USD 160000 — USD 210000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).