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Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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<ul><li>For KoinWorks, an Indonesian digital lending company, the Covid-19 period has been a pivotal moment that has enabled it to surge forward in the right direction</li><li>KoinWorks’ main borrower are small and medium enterprises (SMEs) who have digital footprints, such as those who own online shops on Tokopedia and Shopee</li><li>Amid the pandemic, the company reached US$15 million in loan disbursements per month, and logged positive cash flow</li></ul>

For KoinWorks, an Indonesian digital lending company, the Covid-19 period has been a pivotal moment that has enabled it to surge forward in the right directionKoinWorks’ main borrower are small and medium enterprises (SMEs) who have digital footprints, such as those who own online shops on Tokopedia and ShopeeAmid the pandemic, the company reached US$15 million in loan disbursements per month, and logged positive cash flow

Indonesia’s KoinWorks Raises $108m from MDI, East Ventures

Indonesia

Lunaria Annua Teknologi PT, doing business as KoinWorks, operates as a fintech lending company. The Company operates a machine learning-driven P2P lending platform connecting investors and borrowers for business, education, health, and employee loans. KoinWorks serves customers in Indonesia.

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KoinWorks (1649490D IJ)

Indonesia’s KoinWorks Raises $108m from MDI, East Ventures

For KoinWorks, an Indonesian digital lending company, the Covid-19 period has been a pivotal moment that has enabled it to surge forward in the...

Tech in Asia

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