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Singapore-based Honest Bank has reportedly hit a $113m valuation, following the close of a $19.7m Series A. The investment was led by Insignia Venture Partners, with commitments also coming from XYV Venture Capital, Digital Horizon, Better Capital Partners and Alumni Ventures, as well as others, according to a report from Tech in Asia.


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Why thousands of Indonesianslove their Honest Card. September 6, 2023. Thank you, Honest, for the fast and hassle-free application process. Both virtual and non-virtual services are excellent. Thanks to Joshua for his assistance.


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$56.7M in funding over 5 rounds. Their latest funding was raised on Nov 20, 2023 from a Corporate Round round. Honest is funded by 10 investors. Orient Corporation and Orient Corporation are the most recent investors. Unlock for free Funding Rounds Number of Funding Rounds 5 Total Funding Amount Unlock for free Honest has raised a total of $56.7M


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Singapore's Honest Bank raises USD 19.7 mln. Additional investor Digital Horizon added USD 5.5 million. Honest Bank aims to become a leader of the credit card market in South-East Asia. The project got off the ground in Indonesia where only 3% of the population have credit cards. The funding raised during the round will be used to receive a.


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Honest Bank, a Singapore-based financial services firm, has raised US$19.7 million in a series A round led by Insignia Ventures Partners, according to VentureCap Insights. The round also saw.


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Honest Bank Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Financial Software Other Industries Other Financial Services Corporate Office Metropolitan Tower 3rd floor Jl RA Kartini kav 12-14, Cilandak Barat DKI Jakarta, 12430 Indonesia


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Gunderson Dettmer represented client Insignia Ventures Partners, an early-stage venture fund with a focus on Southeast Asia, as it led the $19.7 million Series A financing of Honest Bank, a Singapore-headquartered fintech company with operations in Indonesia founded by Will Ongkowidjaja, founding partner at Alpha JWC Ventures. According to.


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Honest Bank aims to become a leader of the credit card market in South-East Asia. The project got off the ground in Indonesia where only 3% of the population have credit cards. Previously, the Honest Bank founders worked for investment banks, fintech-focused venture funds, and the Big Four firms.


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