PT UpBanx Global Indonesia

Based in Jakarta, Indonesia, and founded in 2021, PT UpBanx Global Indonesia is a fintech that engages in the development of a technology-enabled platform, that assists content creators, artists, and freelancers in managing their finances. In January 2022, PT UpBanx Global Indonesia raised USD 5. 2 million in venture funding co-led by new investors Alpha JWC Ventures and Y Combinator, with participation from other new investors. The company was co-founded by Wafa Taftazani (CE0), Alif, and Hendri.

PT UpBanx Global Indonesia offers UpBanx, a financial technology platform that helps organize the workflows and finances of creators, brands, freelancers, and agencies. Through the company’s platform, the users can create a business account, deposit money, and earn interest rates. Furthermore, the app provides commercial growth prospects by allowing users to do business with major artists and brands, as well as tracking their processes, which includes contracting, invoicing, and payment. Users can even create their own digital assets, like NFTs (Non-Fungible Tokens), and make additional revenue through investor fundraising.

The company's product is limited to an invite-only platform as of January 2021. The company plans to launch workflow management and finance tools in March 2022, while other features, such as digital assets and investor funding, will be only available by 2023.