Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India

by RJ Shara | Jan 6, 2021 | Fundings and Exit, Startups

Bibit, a robo-advisor app that wants to make investing more available in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Development, Air Conditioning Ventures and 500 Startups also got involved. Part of Stockbit Group, about 90% of Bibit’s users are millennials and newbie investors. Like other robo-advisors, the aim of Bibit […] Bibit declares that over the previous year, it has signed up more than one million newbie financiers. …