UpBanx, Indonesia’s fintech platform for creators and brands established mid last year, has secured $5.2 million in a pre-seed round as it gears up to expand its operations in the market.
The round has been co-led by Y Combinator and Alpha JWC with the participation of Alto Partners Multi-Family Office, Number Capital, and content creators Raffi Ahmad and Nagita Slavina, besides Collab Asia, and DRM (Digital Rantai Maya), Wafa Taftazani, CEO and co-founder at UpBanx, told DealStreetAsia.
