Verihubs, a Jakarta, Indonesia-based builds a digital infrastructure and provides a range of AI-based services for financial services enterprises, raised $2.8 million in seed funding.
The round was led by Insignia Venture Partners, with participation from (CCV) Central Capital Ventura, the investment arm of Bank Central Asia, the largest privately-owned bank in Indonesia), and Armand Ventures.
The round also includes angel investors from notable Southeast Asian startups like (Shipper co-founder ) Budi Handoko, (Payfazz co-founders) Jefriyantom, and Ricky Winata, (Gotrade co-founder) Rohit Mulani, (BukuWarung founder) Chinmay Chauhan, and (Modalku ex-chief product officer) Pramodh Rai.
Company: PT Verihubs Inteligensia Nusantara.
Raised: $2.8M
Round: Seed Round
Funding Month: September 2021
Lead Investors: Insignia Venture Partners
Additional Investors: Central Capital Ventura, the investment arm of Bank Central Asia, Armand Ventures, Budi Handoko, Jefriyanto and Ricky Winata, Rohit Mulani, Chinmay Chauhan, and Pramodh Rai
Company Website: https://verihubs.com/
Software Category: Verification and data platform
About the Company: Based in Jakarta, Verihubs was founded in 2019 by Rick Firnando. Verihubs is the most completed verification and data platform, that helps digital businesses in Indonesia authenticate their customers' identities, verify their customers' backgrounds and access their customers' financial data. Verihubs is One Platform for All Solutions. The company currently has 46 customers, including major banks and fintech. Verihubs serves two kinds of end-users — those who have traditional bank accounts and “unbanked” people. Verihubs is currently focused on Indonesia, with plans to expand into other Southeast Asia markets eventually.
Source: https://techcrunch.com/2021/09/27/indonesian-id-and-data-verification-startup-verihubs-gets-2-8m-led-by-insignia-venture-partners/