wagely nets additional $8.3m in oversubscribed pre-series A funding
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Wednesday, March 16, 2022
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The funding comes in just seven months after securing its seed funding.
Key Points:
- The funding comes in just seven months after securing its seed funding.
- wagely also disclosed that it secured the backing of Central Capital Ventura,the VC arm of Indonesia's largest private bank, Bank Central Asia ("BCA").
- The investment into wagely underpins the commitment to expand the digital financial ecosystem and drive financial wellness solutions across Indonesia.
- With stagnant incomes, rising costs of living, and lack of savings, workers are under daily pressure staying afloat financially.