The Statistics Indonesia (BPS) reported that Indonesia’s economic growth reached 5.01% in March 2022, partly contributed by the recovery of the economic sector that drives the backbone of Indonesia’s economy, the Micro, Small and Medium Enterprises (MSME) sector. Fundo, a securities auction fintech platform that focuses on the MSME sector, is optimistic that it can continue to provide financing support. Aida Sutanto, Founder and CEO of FSB Indonesia said that MSMEs are indeed one of the important sectors in Indonesia with a total number of 64.2 million and economic contribution to gross domestic product (GDP) of 61.07% or Rp8,573 .89 trillion. “Fundo’s mission is to contribute to Indonesia’s economic growth by supporting MSMEs and encouraging sustainable job creation. Through Fundo’s unique and transparent auction process, MSMEs can get funding and working capital quickly to optimize their cash flow, create jobs, and develop their business,” Aida said.

Fundo is licensed by the Ministry of Finance and is under the supervision of the Directorate General of State Assets (DJKN). In the process, this fintech platform connects sellers and buyers through a fair pricing mechanism and an online securities auction process. From 2019 to the first quarter of 2022, Fundo sold securities of Rp2.2 trillion from a total of 2,500 active sellers. The sales offered also vary, ranging from Rp10 million to billions of rupiahs. The process is also fast and can be completed in minutes if all documents and requirements are met.

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Fundo.id – 24 May 2022

FSB Indonesia launched Fundo, a securities papers financial technology auction platform, which connects buyers and sellers through a transparent and competitive bidding mechanism. FSB Indonesia claimed that Fundo is the first securities auction fintech platform in Asia and the only one in Indonesia. “Fundo is a fintech auction platform with transformation and innovation in finance and technology,” said Aida Sutanto, Founder and CEO of FSB Indonesia. Since its first conception in 2019, FSB has sold Rp 2.2 trillion of securities with 10-18% return per year.

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Fundo.id – 31 Maret 2022

FSB Indonesia launched Fundo, a securities papers financial technology auction platform. “Fundo aims to improve the local economy in Indonesia by providing solutions for beginner and professional investors to individual and institutional investors, to be able to help them achieve their financial goals and increase their investment portfolio. Through a moderate risk approach and on the principle of earning based on profit, not interest, Fundo supports MSMEs and helps create jobs,” FSB Indonesia CEO and Founder of Fundo Aida Sutanto said. Our auction platform has been intrinsically designed and regulated to be able to offer investment products based on profit, not interest,” she added.

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Fundo.id – 31 Maret 2022

FSB Indonesia is Asia’s first and Indonesia’s only ecosystem of auction-enabled products and services in the fintech industry. Established in 2019, FSB Indonesia has been delivering leading auction-based fintech solutions, unique products, and innovative services around them to support MSMEs to better manage their operations, leverage on the adoption of FSB Indonesia’s fintech technological innovations, and grow their business

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Fundo.id – 31 Maret 2022

FSB Indonesia, a fintech company operating under license from Directorate
General State of Assets (DJKN), Ministry of Finance, Republic of Indonesia, today launched Fundo, Asia’s first and Indonesia’s only Securities Papers Fintech Auction Platform, providing an innovative ecosystem of next-generation fintech product and services. Through its moderate-risk approach and its returns based on profit, not interest, Fundo aims to boost economies in Indonesia by providing tools for everyone, from early investors and professionals to more seasoned individual and corporate investors, to help achieve their financial goals.

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Fundo.id – 31 Maret 2022

FSB Indonesia launched Fundo, Asia’s first and Indonesia’s only Securities Papers Fintech Auction Platform, providing tools for investors to help achieve their financial goals and increase their investment portfolio, while supporting MSMEs and creating opportunities for people to work. “We are very pleased to
introduce a new form of transformation and innovation for the auction hall that we combine with technology and finance to help MSMEs grow more,” said Aida Sutanto, FSB Indonesia Founder and CEO at Fundo Virtual Launching and Media Conference on Thursday (31/3).

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Fundo.id – 31 Maret 2022

FSB Indonesia, a financial technology (fintech) company under license from the Directorate General of State Assets (DJKN) of the Ministry of Finance (Kemenkeu), launched Fundo as the first securities auction platform in Asia and the only one in Indonesia. The Fundo platform connects buyers and sellers of securities, through a transparent and competitive bidding mechanism based on profit, instead of interest. “Our aim is to improve local economy by providing solutions to novice and veteran investors alike to achieve their financial goals,” said Founder and CEO of FSB Indonesia, Aida Sutanto.

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Fundo.id – 31 Maret 2022

FSB Indonesia, a financial technology (fintech) company under license from the Directorate General of State Assets (DJKN) of the Ministry of Finance (Kemenkeu), launched Fundo as the first securities auction platform in Asia and the only one in Indonesia. The Fundo platform connects buyers and sellers of securities, through a transparent and competitive bidding mechanism based on profit, instead of interest.

Read more
Fundo.id – 31 Maret 2022

FSB Indonesia, a fintech company operating under license from Directorate General State of Assets (DJKN), Ministry of Finance, Republic of Indonesia, today launched Fundo, Asia’s first and Indonesia’s only Securities Papers Fintech Auction Platform, providing an innovative ecosystem of next-generation fintech product and services. Through its moderate-risk approach and its returns based on profit, not interest, Fundo aims to boost economies in Indonesia by providing tools for everyone, from early investors and professionals to more seasoned individual and corporate investors, to help achieve their financial goals and increase their investment portfolio, while
supporting MSMEs and creating opportunities for people to work.

Read more
Fundo.id – 31 Maret 2022

FSB Indonesia, a financial technology (fintech) company under license from the Directorate General of State Assets (DJKN) of the Ministry of Finance (Kemenkeu), launched Fundo as the first securities auction platform in Asia and the only one in Indonesia. The Fundo platform connects buyers and sellers of securities, through a transparent and competitive bidding mechanism based on profit, instead of interest.

Read more
Fundo.id – 31 Maret 2022

FSB Indonesia, a financial technology (fintech) company under license from the Directorate General of State Assets (DJKN) of the Ministry of Finance (Kemenkeu), launched Fundo as the first securities auction platform in Asia and the only one in Indonesia. The Fundo platform connects buyers and sellers of securities, through a transparent and competitive bidding mechanism based on profit, instead of interest

Read more
Fundo.id – 31 Maret 2022

FSB Indonesia launched Fundo, Asia’s first and Indonesia’s only Securities Papers Fintech Auction Platform, providing tools for investors to help achieve their financial goals and increase their investment portfolio, while supporting MSMEs and creating opportunities for people to work. “We are very pleased to introduce a new form of transformation and innovation for the auction hall that we combine with technology and finance to help MSMEs grow more,” said FSB Indonesia Founder and CEO Aida Sutanto at Fundo Virtual Launching and Media Conference on Thursday (31/3).

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Fundo.id – 31 Maret 2022

Supervised and licensed by the Directorate General of State Assets (DJKN) of RI Ministry of Finance, FSB Indonesia has become the first securities papers fintech auction platform in Asia and the only one in Indonesia that provides an ecosystem innovative fintech future. Fundo aims to improve the local economy in Indonesia by providing solutions for beginners and professional investors to individual and institutional investors, to be able to achieve their financial goals and increase their investment portfolio. Through a moderate risk approach and on the principle of earning based on profit, not interest, Fundo supports MSMEs and helps create jobs.

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Fundo.id – 1 April 2022