Pluang, a Jakarta, Indonesia-based fintech startup providing digital micro-savings for Indonesians (formerly known as EmasDigi), raised US$3m in Series A funding.
The round was led by Go-Ventures.
Led by Claudia Kolonas, Founder, Pluang recently launched a gold savings product which allows investments starting from 0.01 grams (equivalent to roughly USD$0.50) and provides users with real-time liquidity.
The gold is kept in a government-backed institution through the official Indonesian commodities exchange.
The company will use the capital to launch other products, including US dollar savings and fixed return products.