Friday
October 24
2025

Honest’s $140 Million Boost: Can Indonesia’s Fastest-Growing Credit Card Startup Redefine Consumer Finance?

By Chan-yeol Lee

Indonesia-based credit card startup Honest has closed an oversubscribed equity round, bringing its total equity funding to US$100 million. The round was led by Japan’s Orico, with renewed participation from Village Global, XYZ Venture Capital, and SV Pacific Ventures, along with new investment from U.S. firm Gilgamesh Ventures.

Photo courtesy of lau rey.

Source: AsiaTechDaily (link opens in a new window)

Categories
Finance, Technology
Tags
digital finance, financial inclusion, fintech, lending, startups