About Bibit
Bibit is a company based in Jakarta (Indonesia) founded in 2016 by Johny Susanto was acquired by Stockbit in February 2019. Bibit has raised $175 million across 3 funding rounds from investors including Tencent, Stockbit and Prosus. Bibit operates in a competitive market with competitors including PINA, Moduit, Qara, Quiena and Advize, among others.
- Headquarter Jakarta, Indonesia
- Founders Johny Susanto
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Technology
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People of Bibit
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Funding Insights of Bibit
Bibit has successfully raised a total of $175M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Bibit
Bibit has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Stockbit and Prosus.
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Sovereign wealth is managed and private equity investments are facilitated.
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Tech companies are invested in by this venture capital firm.
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Investor details for Bibit
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Investments & Acquisitions by Bibit
Investment portfolio details for Bibit
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Financial Statements - Bibit
Detailed financials for Bibit
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Bibit Comparisons
Peer comparison for Bibit
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Competitors of Bibit
Bibit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PINA, Moduit, Qara, Quiena and Advize, among others.
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Personal finances and savings are managed via an app-based platform.
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Robo-advisory platform is provided for goal-based investment planning.
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AI-enabled robo advisory for wealth management is provided.
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Automated financial advice is offered for US asset investments.
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Online investment brokerage & advisory platform
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Detailed competitors of Bibit
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Latest news on Bibit
Complete news archive for Bibit
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Frequently Asked Questions about Bibit
Bibit was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Bibit is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Bibit is a funded company, having raised a total of $175M across 3 funding rounds to date.
Bibit was founded in 2016 in Jakarta, Indonesia, as a fintech platform focused on mutual funds. Investments are handled automatically based on users age, income, and risk tolerance. Services include risk profiling, fund allocation, portfolio oversight, and performance monitoring, all accessible via a mobile application. Operations serve Indonesian users seeking simplified investment management.
Bibit has 9 investors. Key investors include Tencent, Stockbit, Prosus, Peak XV Partners, and GIC.