LinkedIn · Jan 2025
Founder Wafa Taftazani said UpBanx meaningfully grew revenue, cut burn by more than half, became profitable in the last month of 2024, and opened a new office space for 2025 expansion.
Brex for D2C Brands and Content Creators in Indonesia
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
UpBanx is an Indonesia-based fintech platform for creators and brands that bundles high-yield business accounts, financing, invoice generation, financial statements, and an AI content tool (UpThinx) into one app.
Primary product
Creator/brand financial platform (high-yield account, financing, invoicing, and financial statements)
Founded
2021
Headquarters
Jakarta, Indonesia
Team size
11-50 employees
Industry
Financial Services
Sub-industry
Financial Software / creator fintech
Offices
0 jobs at UpBanx
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Business model
Stage
Pre-seed / seed
Total raised
$5.6M
Latest round
Pre-seed · Jan 2022
Latest amount
$5.2M
Jan 2022 · Y Combinator and Alpha JWC Ventures
Leadership
Founder & CEO
Co-Founder & CTO
Co-Founder & COO
Investors
Pricing
Free to download; feature-level fees vary, including invoice financing admin fees of 1.8–2.5% per month.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Estimated monthly visits
1.6K
Traffic estimate as of Jun 2026
LinkedIn · Jan 2025
Founder Wafa Taftazani said UpBanx meaningfully grew revenue, cut burn by more than half, became profitable in the last month of 2024, and opened a new office space for 2025 expansion.
BackScoop · Aug 2024
Profile/interview on Wafa Taftazani describing UpBanx as a fintech for creators and brands, with discussion of mission, growth, and longer-term product direction.
Liputan6 · Jun 2023
UpBanx launched UpThinx, an AI content-generation product for creators, influencers, brands, agencies, freelancers, and other creative-economy professionals.
LinkedIn · May 2023
Wafa Taftazani introduced UpThinx and said UpBanx had been using AI to improve creditworthiness using non-traditional data, and would extend that capability into AI-assisted content creation.
DealStreetAsia · Jan 2022
UpBanx raised $5.2M in a pre-seed round backed by Y Combinator, Alpha JWC Ventures, Alto Partners, Number Capital, and several angels/creators.