Applying for mortgages is often a time-consuming and disorganized process, with reams of manual paperwork required. Based in Jakarta, IDEAL simplifies the process with a platform that lets users compare mortgage products and apply for them from multiple banks at the same time. The startup announced today it has raised $3.8 million in pre-seed funding led by AC Venture and Alpha JWC, with participation from Living Lab Ventures and Ciputra Group.
The funding will be used of product development, hiring and expanding its products. IDEAL eventually plans to add other major lending products and expand into more Southeast Asian countries.
Started last year, IDEAL’s founding team includes Albert Surjaudaja, Ian Dani …
