Indonesia-based GajiGesa, which provides people with financial education tools, has reportedly raised $6.6m in its pre-Series A funding round.
The investment was backed by MassMutual Ventures, January Capital, Wagestream, defy.vc, Quest Ventures, GK Plug and Play and Next Billion Ventures, according to a report from Crowdfund Insider. Several angel investors also joined the round, including Oliver Jung, Patrick Walujo, Chee-Yann Wong and Bunda Group.
Capital from the round will help the FinTech company bolster its product development, grow in Indonesia and expand across Southeast Asia.
Its mobile app is aimed at helping companies boost employee retention rates by giving access to compensation and benefits. Through its mobile app, users can access financial education tools to alleviate stress.
The company also offers GajiTim, which helps businesses manage their payroll and employee attendance.
GajiGesa co-founder Martyna Malinowska told Crowdfund Insider, “In these turbulent times, our platform has become an invaluable tool enabling employers to actively help their employees reduce financial stress and take control of their financial futures.
“We’re excited to welcome aboard incredible new investors as we look to double-down on growth in our efforts to expand financial stability for millions of workers in Indonesia and across the region.â€
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