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UpBanx
AddedMar 22, 2024
UpdatedJun 18, 2026
UpBanx

UpBanx

Pre-Seed

UpBanx: Financial tech for D2C & creators in Indonesia, offering accounts, financing, and Web3 projects.

HQ
Jakarta, Jakarta, ID
Founded
2021
Accelerator
Y Combinator logoY CombinatorW22
Overview
Compare
Fundraising
Employees
Website

UpBanx, founded with a mission to empower Direct-to-Consumer (D2C) brands and content creators in Indonesia, offers a comprehensive suite of financial services. Their core offerings include high-yield business accounts, financing options, transaction management, and support for launching Web3 projects. Targeting over 700,000 D2C brands and content creators in Indonesia, UpBanx aims to tap into a $14 billion annual market opportunity by simplifying and enhancing financial operations for these businesses.

Notable investors in UpBanx include Y Combinator, Alpha JWC, Alto Partners, CreditEase, and Oliver Jung, along with Indonesia's prominent influencer Raffi Ahmad. The company has successfully raised $5.6 million to date. UpBanx's impact is significant, providing essential financial tools and services that streamline business management and growth for its target market, thereby fostering innovation and economic development within Indonesia's burgeoning digital economy.

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UpBanx - Quick Facts

Who are UpBanx's competitors?

Companies similar to UpBanx include Latent Space, Xendit, Finnix and Finku.

When was UpBanx founded?

UpBanx was founded in 2021.

Where is UpBanx's headquarters located?

UpBanx's headquarters is located in Jakarta, Jakarta, ID.

When was UpBanx's last funding round?

UpBanx's most recent funding round was for $5.2M (USD) in January 2022.

How much has UpBanx raised to-date?

As of Jan 2, 2022, UpBanx has raised a total of $5.2M (USD).

How many employees does UpBanx have?

UpBanx has 33 employees as of Feb 24, 2024.

UpBanx - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Indonesia
Revenue
  • Recurring
  • Transactional
Customer
  • Small Business
Main Product
  • Financial Services
  • Web3
Tags
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice
Show 7 more industry codes
NAICS
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6000Depository Institutions
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services