
FUNDtastic
Helps to build personal wealth in a secure and easy way.
Date | Investors | Amount | Round |
---|---|---|---|
$7.7m | Series A | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 57 % | 6 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Fundtastic is a pioneering investment platform based in Indonesia, designed to simplify and enhance the investment experience for individual investors. The company primarily serves retail clients, including young professionals and middle-income earners, who are looking to grow their savings through automated and disciplined investment plans. Operating in the financial technology sector, Fundtastic leverages digital tools to offer a range of investment products, including mutual funds and other financial instruments.
The business model revolves around providing a user-friendly mobile application that facilitates regular, automated investments, known as Dollar Cost Averaging (DCA). This approach helps users to invest consistently over time, reducing the impact of market volatility. Fundtastic generates revenue through management fees on the assets under management (AUM) and potentially through partnerships with financial institutions.
Fundtastic differentiates itself by offering attractive cashback rewards and bonuses during promotional periods, encouraging user engagement and loyalty. The platform's intuitive interface and educational resources aim to make investing accessible to a broader audience, promoting financial literacy and long-term wealth accumulation.
Keywords: investment platform, automated savings, cashback rewards, Indonesian market, retail clients, financial technology, mutual funds, Dollar Cost Averaging, mobile application, financial literacy.
Tech stack
Investments by FUNDtastic
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