About FUNDtastic
FUNDtastic is a company based in Jakarta (Indonesia) founded in 2018 by Medwin Susilo. FUNDtastic has raised $7.7 million across 2 funding rounds from investors including Ascend Capital Group, Indivara and Ascend Capital Group. FUNDtastic has completed 1 acquisition, including INVISEE. FUNDtastic operates in a competitive market with competitors including Halofina, Finansialku, Internusa Capital, Perencanaan Keuangan Syariah and ETC-Indonesia, among others.
- Headquarter Jakarta, Indonesia
- Founders Medwin Susilo
- SectorsTechnology
- Website fundtastic.co.id
- Social LinkedIn
- Total Equity Funding$7.7M (USD)
in 2 rounds
- Latest Funding Round$7.7M (USD), Series A
Feb 2021
- InvestorsAscend Capital Group
& 2 more
- Investments & Acquisitions
Funding Insights of FUNDtastic
FUNDtastic has successfully raised a total of $7.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.7 million completed in February 2021. 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.
- Total Funding $7.7M
- Total Rounds 2
- Last Round Series A — $7.7M
- Investors Count 3
All 2 funding rounds of FUNDtastic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $7.7M | Series A | – | Ascend Capital Group | |
| Jun 2019 | – | Seed | – | Ascend Capital Group | – |
3 investors in total: 3 institutional.
Investors in FUNDtastic
FUNDtastic has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ascend Capital Group, Indivara and Ascend Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment advisory services are offered by Ascend Capital Group. | 2015 | ascendcapitals.com | Singapore, Singapore | |
- | – | ascendcg.com | - | |
Provides IT consulting, software development, and platform solutions for financial sectors. | 2015 | indivaragroup.com | Jakarta, Indonesia |
Investor details for FUNDtastic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of FUNDtastic
2 people are tracked at FUNDtastic (2 in leadership).
| Name | Role | Group |
|---|---|---|
Medwin Susilo | Co-Founder & CTO | Leadership |
Harry Hartono | CEO | Leadership |
Complete people profiles for FUNDtastic
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by FUNDtastic
FUNDtastic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include INVISEE.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform focused on investments in mutual funds | invisee.com | Jakarta, Indonesia | 2015 | Aug 2020 | $6.48M |
Complete acquisition details for FUNDtastic
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of FUNDtastic
4 dated milestones of FUNDtastic across 3 years, from founding to its latest funding, stage changes and deals.
- Founded FUNDtastic is founded.
- Funding First funding round.
- Acquisition Acquires INVISEE.
- Funding Latest funding round, Series A, of $7.7M.
Competitors of FUNDtastic
FUNDtastic 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 Halofina, Finansialku, Internusa Capital, Perencanaan Keuangan Syariah and ETC-Indonesia, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| halofina.com | 2017 | Bandung, Indonesia | – | – | OLB228 provides online live casino games via multiple servers in Indonesia securely. | |
| finansialku.com | 2013 | Bandung, Indonesia | – | – | Personal finance content and planning tools are offered by Finansialku. | |
| internusacapital.com | 2019 | Jakarta, Indonesia | – | – | Provides AI-driven tools for investment decisions and mutual fund selection. | |
| perencanaankeuangansyariah.com | 2022 | Jakarta, Indonesia | – | – | Provides training and certifications for Islamic finance professionals in Indonesia. | |
| etc-indonesia.com | 2019 | Sukoharjo, Indonesia | – | – | Operates a digital hub for investment consultancy and advisory services. | |
| bursaku.id | 2019 | Medan, Indonesia | – | – | Offers an app-based platform for wealth management and financial planning. | |
| duitlo.com | 2015 | – | – | – | Delivers a versatile platform for personal financial recommendations. |
Detailed competitors of FUNDtastic
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to FUNDtastic
10 companies that operate in the same segment as FUNDtastic (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about FUNDtastic
FUNDtastic was founded in 2018 and raised its 1st funding round 1 year after it was founded.
FUNDtastic is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Harry Hartono is the current CEO of FUNDtastic.
FUNDtastic is a funded company, having raised a total of $7.7M across 2 funding rounds to date.
FUNDtastic was established in 2018 in Jakarta, Indonesia, as a fintech platform focused on financial planning and advisory. Investments in mutual funds, gold, insurance, and SBN are facilitated for retirement goals through a mobile application. Tools for setting financial objectives, providing recommendations, managing cash flow, and handling portfolios are included. Access is available on iOS and Android devices.
FUNDtastic's top competitors include Finansialku, Halofina and Internusa Capital.
FUNDtastic has made 1 acquisition, including INVISEE.
FUNDtastic has 3 investors. Key investors include Ascend Capital Group, Indivara, and Ascend Capital Group.