Indonesian buy now, pay later operator Finture pulls in $15m

Pre-Series B round led by $6m from Beijing-based venture capital firm XVC

20230622 DSA Finture

Finture operates buy now, pay later aggregator Yup Indonesia. (Source photo by Getty Images and logo from Finture's official LinkedIn account)

KHAMILA MULIA, DealStreetAsia

JAKARTA -- Finture, a company that operates buy now, pay later (BNPL) aggregator Yup Indonesia, has raised about $15 million in a pre-Series B round, according to regulatory filings accessed by DealStreetAsia.

The financing was led by Beijing-based venture capital firm XVC, which contributed $6 million. Other investors in the round include SWC Global, which invested about $2 million, and MindWorks Ventures and Antao Capital, which invested $3 million each.

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