# PT Honest Financial Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-honest-financial-technologies

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.honest.co.id
- Total disclosed funding: $62M
- Latest round: Series B (May 22, 2024)
- Investors on record: 21

## About

Founded in 2019 and based in Indonesia, PT Honest Financial Technologies is a provider of financial services in the region of Singapore. In October 2025, PT Honest Financial Technologies raised USD 100 million in growth capital and USD 40 million debt funding from returning investor Orient, with participation from other returning investors Village Global, SV Pacific Ventures, and XYZ Ventures. New investor Gilgamesh Ventures, Mizuho Bank, and other unspecified investors also participated in the round.

The company offers financial solutions such as credit services for various institutions located in the region of Singapore, and Indonesia.

## Funding rounds

- Series B, May 22, 2024, $2.5M — Global Founders Capital, Rakuten Capital, Alpha JWC Ventures, PT Bank Permata Tbk, Village Global, Jetha Global
- Series B, Oct 31, 2023, $18M — Orient Corporation
- Series A, Apr 13, 2022, $10M — Broadhaven Capital Partners, Alumni Ventures Group, Launchbay Capital, Jetha Global, Morgan Family Common Investment Fund
- Series A, Sep 6, 2021, $27M — Better Capital, Dallas Venture Capital, Broadhaven Capital Partners, Global Founders Capital, GMO VenturePartners, Rakuten Capital, Goodwater Capital, Alumni Ventures Group, XYZ Ventures, Insignia Ventures Partners, Village Global, Launchbay Capital, D Global Ventures, Jetha Global, Adru Tech, Morgan Family Common Investment Fund
- Seed, Jan 31, 2020, $4M — XYZ Ventures, Village Global, KDV Capital, Enovate Capital Limited

## Investors

- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Seed, Series A
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed, Series A, Series B
- KDV Capital (https://capitalatlas.ai/funds/kdv-capital) — Seed
- Enovate Capital Limited — Seed
- Better Capital — Series A
- Dallas Venture Capital (https://capitalatlas.ai/funds/dallas-venture-capital) — Series A
- Broadhaven Capital Partners (https://capitalatlas.ai/funds/broadhaven-capital-partners) — Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A, Series B
- GMO VenturePartners (https://capitalatlas.ai/funds/gmo-venturepartners) — Series A
- Rakuten Capital (https://capitalatlas.ai/funds/rakuten-capital) — Series A, Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Series A
- Launchbay Capital (https://capitalatlas.ai/funds/launchbay-capital) — Series A
- D Global Ventures — Series A
- Jetha Global — Series A, Series B
- Adru Tech — Series A
- Morgan Family Common Investment Fund — Series A
- Orient Corporation (https://capitalatlas.ai/funds/orient-corporation) — Series B
- Alpha JWC Ventures (https://capitalatlas.ai/funds/alpha-jwc-ventures) — Series B
- PT Bank Permata Tbk — Series B