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.
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.
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.
Each transaction is not taxed as the profit from the auction item is the responsibility of the invoiced Buyer to report personally.
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
An Individual Buyer at Fundo is a person who wants to reach their dream destinations of financial goals by helping local SMEs to grow further in the form of a Securities Paper Auction.
The requirements to become an Individual Buyer at Fundo are as follows:
Have a KTP and NPWP
Have a Bank Account
Attach a selfie while holding an Identity Card (KTP)