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11 April, 2022 Singapore-based fintech firm Honest Bank has raised an additional $17 million from existing investors, sources familiar with the matter told DealStreetAsia. Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia.
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Honest Bank, a Singapore-based financial services firm, has raised US$19.7 million in a series A round led by Insignia Ventures Partners, according to VentureCap Insights. The round also saw.
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About Honest builds financial products that people love. Jakarta, Jakarta Raya, Indonesia 51-100 Corporate Round Private honestbank.com/ 3,156 Highlights Total Funding Amount Unlock for free Contacts 3 Employee Profiles 6 Investors 10 Similar Companies 9 Recent News & Activity Funding Round Nov 20, 2023 Orient Corporation
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Singapore's Honest Bank raises USD 19.7 mln. Additional investor Digital Horizon added USD 5.5 million. Honest Bank aims to become a leader of the credit card market in South-East Asia. The project got off the ground in Indonesia where only 3% of the population have credit cards. The funding raised during the round will be used to receive a.
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Singapore-based Honest Bank has reportedly hit a $113m valuation, following the close of a $19.7m Series A. The investment was led by Insignia Venture Partners, with commitments also coming from XYV Venture Capital, Digital Horizon, Better Capital Partners and Alumni Ventures, as well as others, according to a report from Tech in Asia.
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Honest Bank aims to become a leader of the credit card market in South-East Asia. The project got off the ground in Indonesia where only 3% of the population have credit cards. Previously, the Honest Bank founders worked for investment banks, fintech-focused venture funds, and the Big Four firms.
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Honest Bank may become an Asian Nubank," said Alan Vaksman, founder and managing partner at Digital Horizon. Digital Horizon is an international investment company that runs a venture fund and a.
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Gunderson Dettmer represented client Insignia Ventures Partners, an early-stage venture fund with a focus on Southeast Asia, as it led the $19.7 million Series A financing of Honest Bank, a Singapore-headquartered fintech company with operations in Indonesia founded by Will Ongkowidjaja, founding partner at Alpha JWC Ventures. According to.
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Indonesiafocused fintech Honest Bank raises additional 17m from
$56.7M in funding over 5 rounds. Their latest funding was raised on Nov 20, 2023 from a Corporate Round round. Honest is funded by 10 investors. Orient Corporation and Orient Corporation are the most recent investors. Unlock for free Funding Rounds Number of Funding Rounds 5 Total Funding Amount Unlock for free Honest has raised a total of $56.7M