Flip

About

Flip operates as a platform that allows users to send money securely without a transaction fee. With AUS dollar impacts forforth.

Depok,Jawa Barat,Indonesia
251 - 500
https://flip.id/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $55M
Industries: Finance,Financial Services,FinTech,Payments
Founded date: Jan 1, 2015
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: PT Fliptech Lentera Inspirasi Pertiwi
Also Known As: Payment

Flip operates as a platform that allows users to send money securely without a transaction fee. The company was founded by Rafi Putra Arriyan, Ginanjar Ibnu Solikhin, and Luqman Sungkar in 2015 and is headquartered in Depok, Jawa Barat, Indonesia.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$120M

Flip has raised a total of $120M in funding over 2 rounds. Their latest funding was raised on Jun 14, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 14, 2022	Series B	$55M	6	Tencent	—	Detail
Dec 8, 2021	Series B	$48M	3	Insight Partners Insignia Ventures Partners Sequoia Capital India	—	Detail
Jul 1, 2021	Non-Equity Assistant	—	1	Endeavor Indonesia	—	Detail
Jan 1, 2018	Series A	$17M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

9

Flip is funded by 9 investors. Tencent and Insignia Ventures Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Tencent	Yes	Series B
Insignia Ventures Partners	Yes	Series B
Sequoia Capital India	Yes	Series B
Endeavor Indonesia	Yes	Non-Equity Assistant
Gokul Rajaram	—	Series B
Guillaume Pousaz	—	Series B
Insight Partners	—	Series B
Michael Vaughan	—	Series B
Square	—	Series B