Stockbit

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Stockbit - overview

Established

2012

Location

Jakarta, -, Indonesia

Primary Industry

Financial Services

About

Founded in 2012 by Johny Susanto, Sigit Kouwagam (CEO), and Wellson Lo,  and based in Jakarta, Indonesia, PT Stockbit Sekuritas Digital, doing business as Stockbit operates as a provider of an online stock trading platform that allows users to invest, analyze and discuss stocks. In November 2022, Stockbit Pte. Ltd raised USD 57. 80 million in series E funding from GIC, with participation from B Capital Group, LightVC, and Naspers.


The company provides an investment community platform that combines social networking, stock trading, data aggregation,  and financial data to assist investors in exchanging ideas and financial news in real-time with others. Additionally, the business also provides a cryptocurrency trading app called Stockbit Crypto, which allows users to make deposits and withdrawals using the Indonesian Rupiah.


Current Investors

Braavos Ventures, Asia Growth Fund, 500 Global

Primary Industry

Financial Services

Sub Industries

e-Financial, Social Networking & Communication Platform

Website

www.stockbit.com

Verticals

FinTech, Mobile Apps, Social Media

Company Stage

Series E

Total Amount Raised

Subscriber access only

Stockbit - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP DirectCompletedPT Ayers Asia Asset Management-

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Stockbit - employee data

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