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About FUNDtastic
FUNDtastic is an Indonesian online investment platform founded in 2019 and headquartered in Jakarta. The company focuses on wealth management, providing a user-friendly app for retail investors, especially young professionals aged 18 to 30. It aims to simplify access to a variety of investment products, allowing users to adopt passive investing strategies.
The platform offers a range of investment options, including mutual funds, gold investments, retail bonds, insurance products, and peer-to-peer lending. It also features S&P 500-linked assets and cryptocurrencies, helping users align their investments with personal financial goals. FUNDtastic enhanced its offerings by acquiring Invisee, a mutual funds portal, in 2020.
With a team of 51 to 200 employees, FUNDtastic has successfully raised funding, including a $7.7 million Series A round in 2021. The company is positioned in a growing market, competing with other platforms like Ajaib and Bibit, and is dedicated to democratizing wealth-building in Indonesia.
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