Indonesian investment platform FUNDtastic lands $7.7 million Series A

– FUNDtastic, an Indonesian investment platform, raised $7.7m in Series A funding.
– The round was led by Singapore-based Ascend Capital Group, with participation from other investors, including tech holding company Indivara Group.
– FUNDtastic plans to add retail bonds, insurance and peer-to-peer lending to its current roster of mutual funds and gold investment options.
– Based in Jakarta, FUNDtastic was founded in 2019 by Harry Hartono, Franky Chandra and Medwin Susilo.