The VC investment landscape in Indonesia has matured. Series A valuation back then used to be less than 5 million. Now, we're seeing tens of millions for the Series A stage. However, as the pandemic hits, how does VC react? Hiro says that pre-covid and post-covid give investors a chance to identify companies that can withstand and thrive during these challenging times.
Was a VC, now turned into a founder, Hiro is building a B2B fintech startup that operates in 3 countries, Indonesia, Singapore, and Hong Kong. So, how does his experience in VC helps him in running his startup?
Wallex is a B2B fintech startup focusing on overseas payment and cash management solutions for businesses, co-founded by Hiro Kiga, a former venture capitalist. At first, the team was only 5 people, consist of 2 co-founders and 3 developers. Today, Hiro claims to have processed more than US$1.7 billion in transactions from more than 19,000 customers.
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