Tech Company Financing Transactions

Ayoconnect Funding Round

Susquehanna International Group, CreditEase and PayU joined a $13 million Series B funding round for Ayoconnect. The round was announced on 10/13/2022.

Transaction Overview

Company Name
Announced On
10/13/2022
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series B
Investors

Susquehanna International Group (Lead Investor) (Akshay Bajaj)

CreditEase

PayU

Proceeds Purpose
Ayoconnect's new funding will be used for leadership hiring, and on its Ayoconnect's product and technology, including new solutions for payments, data and banking and new APIs for account opening and card issuing.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Jalan HR Rasuna Said, Graha Binakarsa Level 11, Jakarta Sela
Jakarta, 12940
ID
Phone
Undisclosed
Email Address
Overview
Founded in 2016, Ayoconnect is Southeast Asia's largest Open Finance API platform. We are building full stack solutions with the mission to power the leading companies of today and tech unicorns of tomorrow. Ayoconnect was founded in 2016 with a vision of transforming the financial industry in Southeast Asia, which was lacking connectivity and accessibility. We believe that financial services are the backbone of any thriving economy and that any business should be able to offer financial services to their customers.
Profile
Ayoconnect LinkedIn Company Profile
Social Media
Ayoconnect Company Twitter Account
Company News
Ayoconnect News
Facebook
Ayoconnect on Facebook
YouTube
Ayoconnect on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jakob Rost
  Jakob Rost LinkedIn Profile  Jakob Rost Twitter Account  Jakob Rost News  Jakob Rost on Facebook
Chief Financial Officer
Alexander Jatra
  Alexander Jatra LinkedIn Profile  Alexander Jatra Twitter Account  Alexander Jatra News  Alexander Jatra on Facebook
Chief Operating Officer
Chiragh Kirpalani
  Chiragh Kirpalani LinkedIn Profile  Chiragh Kirpalani Twitter Account  Chiragh Kirpalani News  Chiragh Kirpalani on Facebook
Co-Founder
Aditya Vora
  Aditya Vora LinkedIn Profile  Aditya Vora Twitter Account  Aditya Vora News  Aditya Vora on Facebook


 

 

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Prev: 10/13/2022: SecuriThings venture capital transaction
Next: 10/13/2022: Northstar venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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