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Indonesian fintech firm KoinWorks' losses surged 6.8x in 2022

Jakarta-based fintech firm KoinWorks saw its losses widen by 585% in 2022 from a year earlier even as its revenue increased by about 68%.

Gunung-sewu , Jawa-tengah , Indonesia , London , City-of , United-kingdom , Mandiri , Jakarta , Jakarta-raya , Asri-cikupa , Kredit-pintar , Willy-arifin

Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.

Indonesia , Singapore , Indonesian , Benedicto-haryono , Willy-arifin , Van-duer , Asia-pacific , Abn-amro , Frank-van-deur , Chief-financial-officer , Van-deur , Middle-east

SkorLife gives control of credit data back to Indonesian consumers – TechCrunch

Indonesia’s credit bureaus currently have about 92 million credit records, but the founders of SkorLife say many people have trouble accessing their own data. That’s why they built the app, which not only lets people see their credit histories for free, but also gives personalized advice on how to improve data. The Jakarta-based startup announced […]

Boston , Massachusetts , United-states , Indonesia , Jakarta , Jakarta-raya , Indonesians , Indonesian , Achmad-zaky , Karan-khetan , Qoala-harshet-lunani , Willy-arifin

Lista raises $5.1 million to expand financial inclusion services

Lista, a fast-growing financial management platform for small business owners and individuals in the Philippines, has raised over $5.1 million in its most recent funding round.

Manila , Philippines , Filipinos , Filipino , Gervin-yang , Amrish-rau-pinelabs , Stephen-cuunjieng , Roland-ros-kumu , Rexy-dorado-kumu , Aurelien-pichon-google , Evercore-asia , Jitendra-gupta-jupiter-bank

KoinWorks may turn profitable only by 2024, says co-founder Arifin

The company has booked profit from the lending biz from Jan-April, he added

Indonesia , Willy-arifin ,

Lista PH on financial inclusion for MSMEs

ListaPH with Founders
The success of any business, big and small, relies on its ability to collect efficiently while creating value for customers, employees, and investors. This is what Filipino tech startup Lista PH aims to do by helping small businesses (particularly Micro, Small, and Medium Ente

Japan , Philippines , Indonesia , Thailand , Filipinos , Filipino , Amrish-rau , Willy-arifin , Aaron-villegas , Google-asia-pacific , Kunal-shah , Jitendra-gupta

Jakarta-based SME financial platform KoinWorks scoops up $108M Series C – TechCrunch

The backbone of Indonesia’s economy are its estimated more than 60 million SMEs. But many lack access to working capital and, especially before the pandemic, managed their finances using manual processes like spreadsheets. With COVID-19 prompting many to digitize, startups that focus on SMEs have been raising large rounds of funding to scale up quickly. […]

Vietnam , Republic-of , Indonesia , India , Yogyakarta , Singapore , Jakarta , Jakarta-raya , Willy-arifin , Donald-wiharia , Quona-capital

Indonesia's SME-Focused Neobank KoinWorks Raises US$108 Million Series C

KoinWorks, an Indonesian neobank focused on small and medium-sized enterprises (SMEs), has secures US$108 million in a Series C funding round

Indonesia , Indonesian , Willy-arifin , Benedicto-haryono , Telkom-indonesia , Quona-capital , Triodos-investment-management , Saison-capital ,

KoinWorks Raises $108M in Series C Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Vietnam , Republic-of , Indonesia , India , Yogyakarta , Singapore , Jakarta , Jakarta-raya , Benedicto-haryono , Willy-arifin , Accounting-software , Telkom-indonesia

Ula Announces Series A Funding Round Worth of 282 Billion Rupiah

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A technology startup for traditional retail digitization, Ula comes up with $20 million (over 282 billion Rupiah) Series A funding led by Quona Capital and B Capital Group. Participated also Sequoia Capital India and Lightspeed India as the previous investors.
The company aims to expand its team and location through this funding, therefore, more small retailers can be digitized through Ula technology. In addition, Ula will expand the product category to fashion and electronics, and reaching out to retailers selling FMCG and vegetable products.

East-java , Jawa-timur , Indonesia , India , Semarang , Jawa-tengah , Surabaya , Indonesian , Amod-malviya , Rahul-mehta , Ganesh-rengaswamy , Rohan-monga