Richard Chua is a co-founder of Pluang, an Indonesian investing app. He studied at Harvard Business School, where he met his co-founder Claudia Kolonas.
Pluang was founded in 2019. It began with gold investing and later added US stocks, crypto and local equities.
In March 2021 Pluang raised a $20 million pre-Series B from Openspace Ventures, with Go-Ventures. In September 2021 the Series B started with a $35 million tranche from Square Peg. In January 2022 Accel added $55 million, taking the Series B to $110 million.
Later the company raised $10 million from MUFG Innovation Partners and launched local equities trading.