Edtech

$3M for everything personal finance

July 5, 2022
PINA

Meet PINA! This Indonesian startup just raised a $3M seed round to make managing and growing your $$$ easier than ever.

Investor check. AC Ventures, Vibe.VC and Y Combinator led the round. 1982 Ventures, XA Network and Prasetia Dwidharma also joined in.

😏 More than just getting low

We know. There are already a ton of investment apps. But, they're doing more than just roping first-time investors with low fees and starting deposits— they want to be your financial management OS. (But yes, they have low fees too!)

  • They're targeting the 52M+ people in Indonesia's middle and upper class.

🤯 They've got it all

No more "where did my money go???" Plan, manage and view your money in one place. Link your accounts for your bank, e-wallet, investments, pension and more.

  • Set your budget for different expenses and place monthly spending limits and investment goals.
  • View your individual transactions and net worth, quickly review overall total savings, investments and expenses, how your budget fluctuated and more.
  • For overspenders like us, they'll automate budget settings based on your needs.

Invest with no stress. They'll learn your investment goals, risk tolerance, timeline and priorities. Next, they'll pick the right investments like diversified low-cost mutual funds.

  • They have automated and non-automated investments. (You'll get your freedom to choose!)
  • They'll automatically monitor and rebalance (aka, buy/sell) your portfolio to manage risk and help you reach your goals.

There's a lot of financial advice out there. Not all of it is good. So, they'll give you personalized advice and even let you book a timeslot with their certified financial advisors.

🚀 What's next?

The new $$$ is to acquire more users and build more advisory and investment features. Plus, they'll launch other services like career coaching and exclusive members-only events.

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