What is Pluang?
Pluang is an innovative wealth-tech company based in Indonesia, founded by Claudia Kolonas and Richard Chua during their time at Harvard Business School. The company's core mission is to democratize investing by providing first-time Indonesian investors with access to a diverse range of asset classes through its micro-savings and micro-investment products. Pluang champions financial education and aims to empower individuals to invest wisely, fostering a culture of informed financial decision-making.
How much funding has Pluang raised?
Pluang has raised a total of $68M across 3 funding rounds:
Series A
$3M
Unspecified
$55M
Series C
$10M
Series A (2019): $3M with participation from Go-Ventures
Unspecified (2022): $55M led by Andy Ho, Trung Nguyen, Aleksander Leonard Larsen, and Accel
Series C (2026): $10M supported by Accel, Square Peg, and MUFG
Key Investors in Pluang
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
Square Peg
Square Peg is a venture capital firm that invests in emerging technology companies across the internet economy in Australia and New Zealand, Southeast Asia, and Israel.
MUFG
MUFG is a Japanese bank holding and financial services company offering a wide range of financial services including commercial banking, trust banking, and asset management. The company is headquartered in Chiyoda City, Tokyo, Japan.
What's next for Pluang?
With this major strategic investment, Pluang is poised for significant expansion, not only within Indonesia but also across other key markets in Southeast Asia. The company's focus on accessibility and financial literacy positions it well to capture a larger share of the burgeoning digital investment landscape in the region. Future growth will likely involve further product development and strategic partnerships to enhance its offering and reach.
See full Pluang company page
