PT Kini Teknologi Indonesia, an on-demand payroll provider focused on improving financial access for Indonesia's 99% of workers, has secured $4.3M in a seed funding round. The capital will support its platform, which offers immediate access to earned wages, bill-paying services, and micro insurance, aiming to give employees greater control over their finances.
The round saw participation from notable investors including East Ventures, Ten13, OurCrowd, K50 Ventures, and Goodwater Capital, alongside other VC and private credit firms.
