The ultimate collab. Say hi to Indonesia's UpBanx, who raised a $5.2M pre-seed just six months after launch. (Yes, six!) It connects creators, brands, agencies and freelancers and helps them grow.
Who cashed in? Y Combinator and Alpha JWC co-led the round. Apart from institutional investors, Upbanx's individual investors take the spotlight:
😉 One-stop shop
If you've heard of Karat (creator-focused credit card), Friz (cards and invoices for content creators) or Grin (creator management platform), Upbanx is all of them in one.
Why it matters. We rely on creators more than ever. (Who else presses "add to cart" once we see a cool recommended item on a video?). Yet, creators still have difficulty getting cards, loans and good brand deals to grow.
🌟 All-star solution
Easy money management. Open a business account with UpBanx for free. Oh, and you'll get up to 8% a year on your deposit too.
Work with the best brands and creators. Find and offer opportunities like brand endorsements, campaigns, ambassadorships and more.
Don't let cashflow ever get you down. Get paid in advance on your invoices and access competitive loan rates for your work.
Take your business to the next level. Launch unique digital assets and get discovered by top investors to fundraise and grow.
🤑 What's with the cash?
Upbanx will be focusing on product development and growth with its network of investors, especially YC and creators Raffi Ahmad and Nagita Slavina.
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