Get to know Flip
Flip is a financial technology company in Indonesia that provides financial solutions based on money transfers. To date, Flip has helped more than 13 million users and 1,000 companies and SMEs.
However, Flip has a bigger goal. Flip wants to continue growing by helping more people and businesses achieve their financial goals, in line with financial literacy and inclusion. Therefore, we continue to innovate financial services that are More than That.
Now, users can make interbank transfers for free*, top-up e-wallets, and send money abroad via Flip Globe while saving up more money. Flip users can also buy electricity tokens, top-up phone credits, buy data packages, pay electricity bills, internet and TV bills, BPJS Kesehatan, as well as multifinance bills at affordable costs.
For companies or business people, Flip also provides the best business financial management solution with Flip for Business.
Milestones
2015
Flip was founded in Depok, Indonesia by 3 alumni of the University of Indonesia: Rafi Putra Arriyan, Luqman Sungkar, and Ginanjar Ibnu Solikhin.
The Flip platform was originally built using Typeform.
Beta version of Flip launched.
2016
Flip was licensed by Bank Indonesia.
2019
Flip secured Seed Funding from Sequoia Capital India and Insignia Ventures Partners.
Flip launched Flip for Business, a business finance management solution for enterprises and SMEs.
Flip raises Series A Funding from Sequoia Capital India.
2021
Flip launches Flip Globe, a solution to send money overseas.
Flip earned the LinkedIn Top Startup award.
Three of Flip's founders awarded Forbes 30 Under 30.
Flip secured Series B Funding from Sequoia Capital India, Insight Partners and Insignia Ventures Partners.
2022
Flip secured Second Round Series B Funding led by Tencent with participation from Blok, Inc (formerly Square, Inc) and predecessor investor Insight Partners.
Flip launches Request Money feature to simplify the process of transferring money using just one link.
Flip presents the Multitransfer feature to transfer money and send e-money balances to multiple recipients at once.
2023
Flip launched the Zakat and Sedekah feature, as well as unique code donations for Android users in collaboration with Kitabisa and Rumah Zakat.
Flip launched the Balance feature that allows users to make easier transactions with Dutamoney Balance on their Flip app.
Flip presents Subscription services, specifically for loyal Flip users to save even bigger while making transactions on Flip.
Vision
To be the most customer-centric service company in the world and enable users to make fair financial transactions from anywhere to anyone.
Flip Company Profile
Start using Flip
#MoreThanThat
