“It’s good momentum for us to launch new products and grab the market.” “With the Coinbase IPO and a lot of new users onboarding, we think it’s the right time for us to raise a larger round to finance faster growth,” he said. Other examples include Bibit, Ajaib and Syfe.Īndrew Adjiputro, Pintu’s chief operating officer, told TechCrunch that Pintu raised a Series A+, instead of a Series A extension or Series B, because its focus on product development and execution is still the same. Pintu is the latest investment app in Southeast Asia to quickly raise a much larger follow-on round as interest in retail investing grows. Pintu’s previous funding, a $6 million Series A led by Pantera, Intudo and Coinbase Ventures, was announced in late May. The new round was led by Lightspeed Ventures, with participation from returning investors like Alameda Ventures, Ventures, Castle Island Ventures, Coinbase Ventures, Intudo Ventures and Pantera Capital.

Just two months after its last funding announcement, Indonesian crypto assets platform Pintu has closed a $35 million Series A+.