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# Indonesian fintech startup Pebble raises $6.2 million
- URL: https://www.techloy.com/indonesian-fintech-startup-pebble-raises-6-2-million/
- Published: 2022-05-24T11:43:00.000Z
- Updated: 2022-12-08T00:50:54.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in Indonesia

[Pebble,](https://www.pebble.us/) an Indonesia-based fintech startup has raised $6.2 million in its new funding round to expand across Southeast Asia. 

- Pebble offers app-based services that allow users to save, spend and send money using their digital wallets.
- The startup offers a 5% annual percentage yield and 5% cashback to users from its merchant partners including Amazon, Airbnb, and Adidas among others.
- Its financial reward system is based on converting user deposits to US dollars and lending to financial institutions.
- Y Combinator, East Ventures, LightShed Ventures, Soma Capital, Cadenza Capital, Eniac Ventures, and Global Founders Capital participated in the round.