Financial planning startup Halofina raises pre-Series A from Mandiri Capital, Finch Capital

Indonesia

3 min read

Nov 29, 2019

By Putu Agung Wija Putera

Halofina

The funding is meant to “bridge” the company toward a 2020 Series A round as it launches a new subscription plan and works with financial advisors

Indonesian startup Halofina, which helps its clients save and invest for major life expenses, announced at a press conference on November 29 that it has raised pre-Series A funding. The round is led by Mandiri Capital Indonesia (MCI), with Finch Capital co-investing. The company did not disclose the amount raised, except to say in its press release that “pre-Series A funding ranges from US$1m to US$5m.”
Halofina co-founder and CEO Adjie Wicaksana said that the funding would be used to bridge Halofina toward a Series A funding round, which they plan to announce mid-2020. The funding will be...

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Edited by Bernice Tang

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