Golden Gate leads seed round in Indonesian sharia fintech startup ALAMI

Indonesian sharia fintech startup ALAMI has raised an unspecified seed round led by Singapore early stage VC Golden Gate Ventures, in a deal that marks the first funding in the region to be structured in sharia-compliant terms.

For ALAMI, the funding comes around six months after it secured a pre-seed funding from Singapore fintech investor tryb, whose investment in the startup made it the first Southeast Asian VC to bet on a sharia fintech player.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter