Investment Learning Platform Ternak Uang Complete Initial Funding

After officially launching in early 2021, the investment learning platform Ternak Uang founded by Timothy Ronald (CMO), Raymond Chin (CEO), and Felicia Tjiasaka (CPO), announced the acquisition of early stage funding from a number of investors. The investment value that has been successfully pocketed is said to have reached 7 digits. This initial funding was provided by Northstar Group Co-founder and Managing Partner Patrick Walujo; supported by venture capital firms Kinesys Group and Alto Partners.

Furthermore, these fresh funds will be used Ternak Uang to improve the financial literacy of the Indonesian people by focusing on product development. One of them is by providing an equitable financial and investment learning experience for everyone. Especially at TU Academy, which will continue to be developed to help individual learning processes according to personal needs.

Furthermore, this feature will be supported by technology implementation artificial intelligence (AI) and machine learning. This is realized to present a learning experience through a learning approach personalized learning, every user can learn and improve financial literacy regardless of differences in financial conditions. In the future, the company also has plans to direct product development more into the realm of fintech and financial products.

"Everyone's financial condition is different from the others, it is determined by how much expenses and income, dependents, financial goals priorities and risk characteristics of different people. For that, everyone's financial strategy certainly needs to be differentiated, in order to achieve financial independence according to with the conditions experienced personally," said Raymond.

Previously an investment learning service that focused on stock and crypto instrument analysis, EMTRADE, also announced pre-start funding from angel investor Pandu Sjahrir. The presence of this investment education platform is nothing but the growing interest in investment among young people, especially supported by their presence application wealthtech which facilitates the process of buying/selling various kinds of investment instruments.

Launch new features

Early this year Ternak Uang has launched the Financial Checkup feature, each user can analyze their financial condition personally. The analysis is carried out in detail by calculating the ratio of cash flow, savings, debt and dependents, emergency funds, to total assets owned. After that, users will get module recommendations and personal learning to help improve their financial condition.

Unlike other similar platforms, Ternak Uang focusing on the younger generation, especially millennials, with a mission to create 10 million investors in Indonesia. For that reason, the platform then approaches through features designed and developed that are relevant and modern for the younger generation in dealing with financial issues.

Until now, Ternak Uang has presented topics related to finance and investment in the main language, Indonesian. This is done so that the information provided can be easily understood and digested by Indonesian people from various circles.