Pluang Raises $10 Million to Add Local Stocks and Boost Everyday Investing in Indonesia

Pluang, a popular investment app in Indonesia, just raised ten million dollars in new funding to launch local stocks on its platform.

This move comes as more Indonesians look for ways to grow their money beyond basic savings.

Why Indonesia's Retail Investors Are Turning to Apps

Over the past five years, the number of equity investors in the country has jumped from about four million to eighteen million.

At the same time, crypto users have grown even faster, showing a clear shift toward digital finance tools.

Pluang has ridden this wave by offering easy access to US stocks, gold, mutual funds, and now local equities for the first time.

Strong Growth and New Backing Signal Big Plans

Since 2022, the company has seen its revenue, profits, and trading volume grow more than six times over.

New money came from Japan's MUFG Innovation Partners, joining earlier support from Accel Partners and Square Peg.

Co-founder Claudia Kolonas explained the focus has always been on making investing part of daily life for regular users.

The fresh cash and local stocks launch could help Pluang reach even more young people who want simple ways to beat rising living costs.

Looking ahead, this kind of fintech growth may push banks to offer better digital options and speed up financial inclusion across Southeast Asia.