Say hi to Paper.id. We hear this Indonesian fintech startup reportedly raised a $12M Series B led by Go-Ventures! They're a fintech that makes it easy for businesses to pay, get paid, manage their accounting and more.

• This is based on ACRA filings, so the overall funding round may be larger and include debt.
• Founded in 2016, they have over 300,000 users across Indonesia.

Investor check. Skystar Capital, BM Capital, Living Lab Ventures and Redbage Pacific also joined in!

• Their last round was an undisclosed Series A from Golden Gate Ventures, Modalku and Xendit in 2019.

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🤑 How it works

Get paid. Create digital invoices and send them in a snap through Whatsapp, email, SMS or other messaging apps. Allow customers to pay through multiple payment options like credit cards, QR codes and more.

• Need cash fast? You can even get paid for invoices 30–60 days in advance with Paper.id's solutions.
• You'll get paid faster, thanks to payment reminders.

Accounting and inventory. We all hate manually recording everything! They won't just automatically record what's been paid or not by customers — they'll even help you track your business expenses.

• They can even generate invoice reports, balance sheets, income statements and more for you!
• Easily monitor warehouse inventory, so you'll always have the right stock.

Make payments and more. We know! The pandemic's been tough on small businesses. That's why they enable you to use credit cards to pay suppliers (and get more time).

• If you want to pay through installments, you can also choose their BNPL feature!