KoinWorks is the first credit-led Micro, Small, and Medium Enterprises (MSMEs) Neobank in Indonesia. Founded in 2015, the company is focused on empowering and accelerating MSME financial inclusion and enterprise growth. Operating at the intersection of Financial Services, Fintech, and Information Technology, KoinWorks has received a significant $65.00M Debt Financing investment from Triodos Bank on 10 January 2022. With its innovative approach and target market in a rapidly growing economy like Indonesia, KoinWorks presents an intriguing opportunity for venture capital investors, aiming to tap into the potential of the MSME banking sector in the region.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $43.00M | 5 | 10 Jan 2022 | |
Debt Financing | $65.00M | 1 | 10 Jan 2022 | |
Debt Financing | $10.00M | 1 | Lendable | 21 May 2020 |
Venture Round | IDR316.00B | 4 | Triodos Bank Germany, EV Growth | 13 Apr 2020 |
Debt Financing | Unknown | 1 | Triodos Bank Germany | 13 Apr 2020 |
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