General Questions
What is Fundo?
Fundo is Asia’s first and Indonesia’s only Securities Papers auction platform that connects Sellers and Buyers to help them grow their business and achieve their respective financial goals.
Is Fundo regulated and supervised by the government?
Fundo is a product of FSB Indonesia, a company with an official license and regulated by the Ministry of Finance of the Republic of Indonesia, Directorate General of State Assets (DJKN) Number 154 / KM.6 / 2019.
What is the scope of services provided by Fundo?
Services performed by Fundo include services before and after the auction. Among other things, checking the Securities Papers to be auctioned, making auction announcements, monitoring auction activities, recording auction winners, and monitoring the flow of funds.
Is every transaction at Fundo subject to tax?
Each transaction is not taxed as the profit from the auction item is the responsibility of the invoiced Buyer to report personally.
Who can apply for auction at Fundo?
Everyone can become a Buyer or Seller at Fundo, as long as they are individuals of at least 21 years old with an ID card or a business company.
FAQ for Individual Buyers
What is Individual Funder?
An Individual Funder at Fundo is someone aiming to achieve their financial goals by supporting local SMEs through financing securities.
What is the requirements to become an Individual Funder?
The requirements to become an Individual Buyer at Fundo are as follows:
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Possess a valid ID card (KTP) and Tax Identification Number (NPWP).
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Have a bank account.
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Provide a selfie holding the ID card (KTP).
