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Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M

Wagely founders (from l to r): Tobias Fischer, Sasanadi Ruka and Kevin Hausburg
Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are proliferating around the world. Today, Indonesian EWA startup wagely announced it has raised $5.6 million in strategic funding, led by Integra Partners (formerly known as Dymon Asia Ventures). Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma, former president director of insurance company PT Asuransi Adira Dinamika.
Founded in 2020 by alumni of two of …

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