Indonesian fintech Orderfaz raises pre-seed round from 1982 Ventures

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Indonesian fintech Orderfaz raises pre-seed round from 1982 Ventures
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Developed for Indonesia’s unique social-centric online market Indonesian social commerce market expected to reach US$90bil by 2028 Orderfaz, an Indonesian fintech startup for social commerce sellers, today announced the completion of an undisclosed pre-seed financing by 1982 Ventures. “Building off one of the world’s most digitally-connected populations, social commerce adoption has exploded in Indonesia, with sellers setting up shop across all major social media channels and using WhatsApp as a primary tool to make transactions.

Indonesian social commerce market expected to reach US$90bil by 2028

“Building off one of the world’s most digitally-connected populations, social commerce adoption has exploded in Indonesia, with sellers setting up shop across all major social media channels and using WhatsApp as a primary tool to make transactions.

Launched in March 2023, Orderfaz is built to cater for Indonesia’s WhatsApp-centric online market. It has developed a Smart WhatsApp Keyboard sellers use to close deals, helps sellers review order lists, send invoices, and share product checkout links with buyers, all on the WhatsApp interface.

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