Indonesian Financial Wellness Platform Gajigesa Received $6 Million Last Week From Massmutual Ventures Southeast Asia, Defy.Vc, January Capital And Other Investors As Part Of A Pre-Series A Round Announced In November.

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GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed roundAgrawal and Malinowska said in a press release that GajiGesa’s team has doubled in size over the past six months to over 50, and the startup plans to use its latest funding on product development, expansion across Indonesia and entering new markets in Southeast Asia. The company offers an employer app called GajiTim, which it claims is Southeast Asia’s “first and largest integrated employee management solution.” The company says GajiTim currently has more than 200,000 users. Based on a survey of its clients, GajiGesa claims that over 80% of their employees have stopped using informal lenders because of its EWA feature and 40% are using other financial services through the platform like bill payments and data recharge.