Indonesian investment app Bibit confirms $30m funding led by Sequoia

Indonesian currency Rupiah on hold by a cashier. Photo: Reuters

Bibit, an Indonesian digital investment app, has announced the raising of $30 million from Sequoia Capital India, with backing from existing investors such as East Ventures, EV Growth, AC Ventures, and 500 Startups.

DealStreetAsia first broke the funding story on Tuesday morning and the official announcement from Bibit confirms the report.

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