Already have an account? Sign In
Ajaib, founded in 2018 and headquartered in Jakarta, Indonesia, is a financial technology company that provides a platform for individuals to invest in stocks, mutual funds, and cryptocurrencies. The company primarily serves the financial services industry and has quickly established itself as a prominent player in the Indonesian fintech sector.
Since its inception, Ajaib has demonstrated significant growth and attracted substantial investor interest. The company has successfully raised a total of $245.22 million across multiple funding rounds, with its most recent Series B round in October 2021 securing $153 million. This latest funding round valued Ajaib at $1 billion, solidifying its status as a unicorn in the Southeast Asian startup ecosystem.
Ajaib's impressive funding history and rapid growth have naturally led to speculation about a potential initial public offering (IPO). However, as of now, there is no official information or confirmed reports regarding Ajaib's IPO plans. The company has not made any public statements about going public, and we have not found any credible news sources discussing Ajaib's IPO prospects.
Several factors could influence Ajaib's decision to pursue an IPO in the future. These may include the company's financial performance, market conditions, regulatory environment in Indonesia, and the overall state of the global economy. Additionally, Ajaib's strong backing from notable investors such as DST Global, Ribbit Capital, and Horizons Ventures could play a role in any future IPO considerations.
As Ajaib continues to expand its services and user base in the competitive fintech landscape, investors and market observers will likely keep a close eye on the company's progress. However, until official announcements are made, any discussions about Ajaib's potential IPO remain speculative.
Already have an account? Sign In
While Ajaib's IPO prospects remain uncertain, investors interested in the Indonesian fintech sector don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential leaders in the Southeast Asian fintech space, with lower minimum investments than traditional private equity opportunities. This allows you to potentially benefit from Ajaib's growth or similar companies in the region, even before they hit the public markets.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.