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- Pluang
Pluang Funding, Investors & Competitors
Pluang has raised $123M across 5 funding rounds, most recently a $10M Series C in May 2026.
Last Pluang funding round
$10M
Series C · May 2026
Cumulative funding Pluang raised
$123M
across 5 funding rounds
Key investors in Pluang
Argor Capital
Accel
Square Peg Capital
Openspace Capital
Susquehanna International Group
UOB Venture
MUFG Innovation Partners
About Pluang
Pluang is a Jakarta-headquartered fintech app that enables retail investments in gold starting from 0.01 grams through partnerships with the Indonesia Commodity and Derivatives Exchange. Launched in 2019, the platform provides real-time trading, storage in government-backed vaults, and additional products like cryptocurrencies and mutual funds. Pluang serves over one million users across Indonesia.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Pluang Funding History
Pluang has raised a total of $123M across 5 funding rounds.
Pluang's first fundraising round was a $3M Series A in September 2019. The most recent completed round was a $10M Series C in May 2026.
Pluang funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| May 2026 | Series C | MUFG Innovation Partners (lead); Square Peg Capital; Accel | $10M | Pluang raised USD 10 million in fresh funding led by MUFG Innovation Partners, with continued participation from existing investors including Accel and Square Peg. The company launched Indonesian equities trading alongside the financing, and the new capital was described as being reserved for potential acquisitions or future overseas expansion, though the company was not actively pursuing either at the time. The investment followed Pluang’s earlier USD 55 million round led by Accel, which brought total Series B funding to USD 110 million. The company said its revenue, gross profit and gross transaction value had each increased more than six-fold since Accel’s 2022 investment. Pluang is an Indonesia-based investment platform focused on retail investing and wealthtech. It offers access to multiple asset classes and has been expanding its product set in Southeast Asia. The company reported reaching profitability, and the May 2026 funding accompanied the introduction of local equities trading in Indonesia. No acquisition price, enterprise value, or EBITDA figure was disclosed. |
| Jan 2022 | Series B | Accel (lead) | $55M | Pluang is an Indonesian fintech startup founded in 2019, operating as an all-in-one fractional investing super app that enables retail investors to make micro-savings and micro-investments across diverse asset classes including gold, indices, mutual funds, cryptocurrencies, and fractional U.S. equities—a first in Indonesia. The app emphasizes financial literacy, frictionless user experience, and diversification to lower risk for new investors, with integrations into major Southeast Asian super apps like Gojek, DANA, Tokopedia, and Bukalapak. By early 2022, Pluang reported over 4 million registered users in Indonesia, fueled by pandemic-driven interest in investing among younger generations. In January 2022, Pluang secured $55 million in a funding round led by Accel, described variably as a Series C, follow-on to its Series B, or part of Series B totaling $110 million, bringing cumulative funding to approximately $113 million. Additional investors included Axie Infinity founders Jeffrey Zirlin and Aleksander Leonard Larsen, Trung Nguyen, Andy Ho, Alexa von Tobel (former Learnvest CEO), Daniela Binatti (Pismo CTO), Sujata Bhatia (Monzo COO), Jannick Malling and Leif Abraham (Public.com co-CEOs), Sergio Jimenez (Flink CEO), The Chainsmokers, BRI Ventures, and prior backers Square Peg, Go-Ventures, and Openspace Ventures. The funding aims to enhance technology capabilities, expand asset classes, increase app availability across Southeast Asia, boost hiring (planning to double headcount in 2022), and provide tools, resources, and education for long-term wealth creation and financial inclusion. Accel partners Andrew Braccia and Ethan Choi highlighted Pluang's leadership in multi-asset class investing, licenses for equities/indexes/crypto, rapid traction on minimal capital, and potential in the $8.2 billion-funded Southeast Asian market. |
| Sep 2021 | Series B | Square Peg Capital (lead); Openspace Capital; Argor Capital; Susquehanna International Group; UOB Venture | $35M | - |
| Mar 2021 | Series B | Openspace Capital (lead); Argor Capital | $20M | Pluang is an Indonesia-based wealthtech startup offering a mobile app for micro-savings and micro-investments in assets like gold, US equity indices, and cryptocurrencies, targeting financial inclusion and literacy in Southeast Asia. On March 22, 2021, it raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go-Ventures (Gojek's investment arm) and other returning investors including Argor Capital. The funds were earmarked for launching proprietary financial products such as government bonds as savings, new asset classes, automated saving features, and partnerships with platforms like Gojek, Dana, and Bukalapak. By the time of the round, Pluang had acquired over 1 million users since its $3 million Series A in March 2019. The company aimed to democratize access to previously elite asset classes for everyday Indonesians amid rising interest in savings and investments. This round was part of a larger Series B effort in 2021, culminating in a follow-on $55 million extension led by Accel in January 2022, bringing total Series B investment to $110 million with participants including Square Peg, BRI Ventures, and various angels. Pluang planned to use proceeds from the 2021 rounds to enhance technology, expand asset offerings like fractional US stocks, and enter more Southeast Asian markets. Later growth metrics showed 22x increase in monthly transacting users and 28.5x in users with active balances from January 2020 to November 2021, reaching over 4 million users by early 2022. |
| Sep 2019 | Series A | Argor Capital (lead) | $3M | Pluang is an Indonesian fintech company democratizing access to financial products for underserved retail investors. The platform operates through a mobile app offering low-cost savings and investment products, with its initial offering being gold savings products allowing investments starting from 0.1 grams. In September 2019, Pluang raised $3 million in Series A funding led by Go-Ventures, with participation from other venture investors. The capital was earmarked for marketing, product development, technology improvements, and app expansion. At the time of the Series A, Pluang had released one product (gold savings) and planned to launch additional offerings including US dollar savings and fixed return products. |
Who has invested in Pluang?
7 investors have backed Pluang across its funding rounds, including Argor Capital, Accel, Square Peg Capital, Openspace Capital, Susquehanna International Group and UOB Venture.
Lead investors include MUFG Innovation Partners, Accel, Square Peg Capital, Openspace Capital and Argor Capital.
Pluang Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Sep 2019 | ||
| 2 | Lead | Mar 2021 | ||
| 2 | Lead | Sep 2021 | ||
| 2 | Lead | Jan 2022 | ||
| 1 | Lead | May 2026 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPluang Competitors
Pluang competitors include listed companies like Charles Schwab and Robinhood, and private ones like Acorns, Moneybox, Tally and Albert.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.9B | - | ||
| Private | $125M | - | $1.1B | - | ||
| Private | - | - | $855M | - | ||
| Private | - | - | $749M | - | ||
| Publicly listed | $24B | $14B | $181B | 6.4x | ||
| Publicly listed | $4.5B | $2.2B | $99B | 21.0x |
Pluang Public Comps
Pluang is still privately-owned, but its public comps include Charles Schwab, Capital One, Robinhood, Coinbase, Interactive Brokers, Bajaj Finserv, LPL Financial, Shriram Finance, Synchrony and HiThink.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $24B | $14B | 7.3x | 6.4x | 12.7x | 10.9x | |||
| $53B | - | 2.3x | 2.0x | - | - | |||
| $4.5B | $2.2B | 23.5x | 21.0x | 48.0x | 38.4x | |||
| $7.2B | $1.8B | 6.1x | 7.6x | 24.2x | 27.2x | |||
| $10B | $9.1B | 4.8x | 6.9x | 5.4x | 8.9x | |||
| $14B | $5.9B | 5.7x | 5.1x | 14.0x | 25.3x | |||
| $17B | $2.2B | 1.9x | 1.6x | 14.8x | 10.7x | |||
| $2.6B | $1.6B | 16.4x | 13.5x | 25.9x | 22.2x | |||
This data is available for Pro users. Sign up to see all Pluang competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Pluang
| When was Pluang founded? | Pluang was founded in 2019. |
| Where is Pluang headquartered? | Pluang is headquartered in Jakarta, Indonesia. |
| Is Pluang publicly listed? | No, Pluang is a private, VC-backed company. |
| How much funding has Pluang raised? | Pluang has raised $123M across 5 funding rounds. |
| What was Pluang's last funding round? | Pluang's last funding round was a $10M Series C in May 2026, led by MUFG Innovation Partners. |
| Who are Pluang's investors? | Pluang's investors include Argor Capital, Openspace Capital, Square Peg Capital, Accel, MUFG Innovation Partners, Susquehanna International Group and UOB Venture. |
| Which companies are comparable to Pluang? | Companies comparable to Pluang include Acorns, Moneybox, Tally, Albert, Charles Schwab and Robinhood. |
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