OOjiBO is a Fintech startup founded in 2015 with the aim of addressing the issue of financial exclusion in the ASEAN region, specifically targeting the unbanked and underbanked population. The company received a SGD5.00M Seed Round investment on 27 March 2017 from Centurion Corp. OOjiBO's mission is to provide financial services, such as deposits, withdrawals, micro-funding, and micro-insurance, to the 400 million unbanked individuals in ASEAN, thereby fostering community development and global economic growth. The high mobile phone penetration in the region (over 120%) has allowed OOjiBO to develop a mobile-based solution for financial inclusion. The organization is backed by a team of industry veterans in banking, payment, and distribution, leveraging their expertise and networks to drive the realization of financial inclusion in ASEAN.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | SGD5.00M | 1 | Centurion Corp | 27 Mar 2017 |
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