LUNA, an Indonesian embedded fintech and vertical SaaS platform for retailers and MSMEs, has raised funding from TNB Aura, Seedstars, 1982 Ventures, Century Oak Capital, and Prasetia Dwidharma. The sum was not disclosed.
With this spherical of financing, LUNA plans to recruit expertise throughout all features, broaden to new cities in Indonesia, and spend money on platform growth.
Launched in late 2019, LUNA’s options embrace cell point-of-sale system, QRIS, debit, and bank card fee enablement, financing assist for MSMEs, on-line net, digital provide chain options, authorized assist, firm registration, and patenting, serving to MSMEs to handle social media and promoting, in addition to HR administration, loyalty programmes, and buyer relationship administration choices.
The corporate has partnerships with main banks equivalent to Financial institution Jawa Barat, CIMB Niaga, Financial institution Neo Commerce and Nobu Financial institution in addition to P2P lenders Koinworks and Batumbu, and wi-fi community operator Smartfren.
LUNA is led by Abdullah Lewis as CEO, Patricco Baron as CTO, and Irianto Siah as COO.
“Retail retailers face an extremely advanced and aggressive market. Many haven’t digitised or are utilizing outdated legacy methods that weren’t constructed for Indonesian retailers or MSMEs.
LUNA is the all-in-one system for retail homeowners to scale their enterprise and supply enhanced buyer experiences.”
stated Abdullah Lewis, CEO, LUNA.