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Bibit - About the company

Bibit is an acquired company based in Jakarta (Indonesia), founded in 2019 by Wellson Lo. It operates as an App-based mutual funds investment platform. Bibit has raised $175M in funding from GIC and Prosus. The company has 1590 active competitors, including 105 funded and 110 that have exited. Its top competitors include companies like Robinhood, Groww and Public.

Company Details

Bibit provides an app-based mutual funds investment platform. It is an automatic portfolio manager which manages investment based on age, income and risk tolerance capacity. It features auto risk profiling, funds allocation, portfolio management, and monitoring.
Website
bibit.id
Social
XFacebook
Email ID
*****@bibit.id
Phone Number
+62 **********
Key Metrics
Founded Year
2019
Location
Jakarta, Indonesia
Stage
Acquired
Total Funding
$175M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
468 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Stockbit (Feb 14, 2019)

Bibit's acquisition details

Bibit got acquired by Stockbit on Feb 14, 2019.
Click here to take a look at Bibit's acquisition in detail
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Bibit's funding and investors

Bibit has raised a total funding of $175M over 3 rounds. Its first funding round was on Jan 05, 2021. Its latest funding round was a Series C round on May 25, 2022 for $*****. 2 investors participated in its latest round. Bibit has 10 institutional investors.

Here is the list of recent funding rounds of Bibit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2022
1503532
Series C
6779939
3514178
7175662
4051707
May 03, 2021
3737055
Series B
3879426
2846667
3936171
Jan 05, 2021
6509310
Series A
4412701
7796061
6202797
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Bibit's founders and board of directors

Founder? Claim Profile
The founders of Bibit is Wellson Lo.
Here are the details of Bibit's key team members:

Bibit's employee count trend

Bibit has 468 employees as of Aug 26. Here is Bibit's employee count trend over the years:
Employee count trend for Bibit
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Bibit's Competitors and alternates

Top competitors of Bibit include Robinhood, Groww and Public. Here is the list of Top 10 competitors of Bibit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Robinhood
Robinhood
2013, Menlo Park (United States), Public
Broker-based online trading and investment platform
$5.58B
89/100
2nd
Logo for Groww
Groww
2016, Bengaluru (India), Public
Provider of digital brokerage services for stocks and mutual funds
$596M
88/100
3rd
Logo for Public
Public
2019, New York City (United States), Series D
Multi-asset investment platform for individuals
$421M
79/100
4th
Logo for Freetrade
Freetrade
2015, London (United Kingdom), Acquired
App-based stock market trading platform
$165M
79/100
5th
Logo for Saxo Bank
Saxo Bank
1992, Copenhagen (Denmark), Acquired
Provider of online trading platforms for stocks bonds and derivatives
$549M
78/100
6th
Logo for Wealthsimple
Wealthsimple
2014, Toronto (Canada), Series F
Provider of financial services including investing, trading, saving, and borrowing
$1.29B
77/100
7th
Logo for Ajaib
Ajaib
2018, West Jakarta (Indonesia), Series C
Online investing platform for stocks and mutual funds
$515M
77/100
8th
Logo for Upstox
Upstox
2010, Mumbai (India), Series C
Broker-based online trading and investment platform
$220M
77/100
9th
Logo for Raise
Raise
2021, Mumbai (India), Series B
Developer of financial service products and infrastructure for Indian residents
$146M
77/100
10th
Logo for Scalable Capital
Scalable Capital
2014, Munich (Germany), Series F
Provider of a digital investment and brokerage platform
$550M
77/100
55th
Logo for Bibit
Bibit
2019, Jakarta (Indonesia), Acquired
App-based mutual funds investment platform
$175M
60/100
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Bibit's Investments and acquisitions

Bibit has made no investments or acquisitions yet.

Reports related to Bibit

Here is the latest report on Bibit's sector:

News related to Bibit

•
Bibit bolstered by EV Growth-backed roundGlobal Corporate Venturing•Jan 06, 2021•Bibit, East Ventures, Yahoo Japan, Sinar Mas and 1 other
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FAQs about Bibit

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