$72 billion |invested via Bareksa portal
INDONESIA’S Digital investment portal PT Bareksa Portal Investasi announced that mutual funds invested through the firm had reached 1 trillion rupiah (US$71.89 million) as of Tuesday.
The figure is 17.6 per cent higher than on April 9, which was recorded at 850 billion rupiah, representing 122 per cent growth compared to December 2017 at 450 billion rupiah.
Bareksa co-founder Karaniya Dharmasaputra said the growth of the funds managed by the financial marketplace was supported by the increase in the number of investors.
As of April 24, the number of Bareksa's clients had reached 110,000, a 10 percent increase than the 100,000 recorded on April 9, also representing a 73 percent increase than in December 2017.
“The increasing number of investors in Bareksa is in line with the growing interest in investment products,” said Karaniya in a statement on Tuesday, adding that Bareksa had innovated in response to the people’s needs.
He said Bareksa launched its collaboration with Tokopedia marketplace in March to allow people to purchase mutual funds through online transactions. It has also collaborated with Bukalapak and DOKU.
