Jakarta based payments platform Ayopop has raised $1m in Seed funding led by GREE Ventures. Ayopop allows users to pay a wide range of bills through their platform, taking a commission fee from each transaction.
Indonesia’s Ayopop specializes in bill payments, which means it wants users to pay for things like their phone bills, electricity, and internet services through its app. Ayopop launched about a year ago and has been angel funded so far, with some investment from venture capital firm Gree Ventures. Today, the app’s co-founders Chiragh Kirpalani and Jakob Rost announced they’ve locked in a US$1 million seed round. Gree Ventures led the round and was joined by additional angel investors. The VC firm tells Tech in Asia that Sandeep Tandon – one of the co-founders of India’s FreeCharge, advises the startup.