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Fundtastic raises $7.7m in Series A funding.

Indonesia based retail investing platform raised $7.7m in Series A funding led by Ascend Capital Group.

“The new fund aims to expand our market scope, and also develop more products and features,” Hartono said in a media statement. FUNDtastic’s growth will be driven by increasing mobile penetration in Indonesia, he added.

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indonesia, emerging markets, wealth management, investing