About KoinWorks
KoinWorks is a company based in Jakarta (Indonesia) founded in 2015 by Willy Arifin and Benedicto Haryono.. KoinWorks has raised $93.14 million across 9 funding rounds from investors including Lendable, Triodos Bank and Quona. KoinWorks has completed 1 acquisition, including BPR ASRI. KoinWorks offers products and services including KoinP2P, KoinBisnis, KoinGaji, KoinInvoice, and KoinLearn. KoinWorks operates in a competitive market with competitors including CreditEase, Lufax, Mintos, Bondora and Assetz Capital, among others.
- Headquarter Jakarta, Indonesia
- Founders Willy Arifin, Benedicto Haryono
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Pt Sejahtera Lunaria Annua
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Products & Services of KoinWorks
KoinWorks offers a comprehensive portfolio of products and services, including KoinP2P, KoinBisnis, KoinGaji, KoinInvoice, and KoinLearn. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for peer-to-peer lending and investment opportunities
Loans for businesses without collateral and flexible terms
Personal financing based on salary for individual needs
Solutions for managing and financing business invoices
Resources for financial education and business insights
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Funding Insights of KoinWorks
KoinWorks has successfully raised a total of $93.14M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $65 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Debt – Conventional — $65.0M
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First Round
First Round
(13 Aug 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Series C - KoinWorks | Valuation | MDI Ventures | |
| Jan, 2022 | Amount | Debt – Conventional - KoinWorks | Valuation |
investors |
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| May, 2020 | Amount | Debt – Conventional - KoinWorks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in KoinWorks
KoinWorks has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Lendable, Triodos Bank and Quona. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate-backed venture capital is directed toward fintech and cloud sectors.
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Founded Year | Domain | Location | |
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Fintech investments focused on financial inclusion and global economic growth.
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Founded Year | Domain | Location | |
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Diversified investment portfolios are managed for various clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KoinWorks
KoinWorks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BPR ASRI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial banking services are provided by BPR ASRI in Indonesia.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - KoinWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Koinworks Comparisons
Competitors of KoinWorks
KoinWorks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CreditEase, Lufax, Mintos, Bondora and Assetz Capital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial services in wealth management and microcredit loans are offered.
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| domain | founded_year | HQ Location |
Personal loans are connected via an online P2P lending platform.
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| domain | founded_year | HQ Location |
P2P marketplace for consumer and business loans
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| domain | founded_year | HQ Location |
Online P2P marketplace for consumer and business loans
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| domain | founded_year | HQ Location |
Developer of online P2P marketplace for commercial real estate and business loans
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Koinworks
Frequently Asked Questions about KoinWorks
When was KoinWorks founded?
KoinWorks was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is KoinWorks located?
KoinWorks is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of KoinWorks?
Benedicto Haryono is the current CEO of KoinWorks. They have also founded this company.
Is KoinWorks a funded company?
KoinWorks is a funded company, having raised a total of $93.14M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Aug 13, 2018.
What does KoinWorks do?
KoinWorks was founded in 2015 in Jakarta, Indonesia, as a fintech company focused on peer-to-peer lending. Business loans and education loans are offered to borrowers through a platform that employs machine learning for lender-borrower matching. Non-collateral options and monthly interest-based loans are provided, enabling access to funding without traditional security requirements in the Indonesian market.
Who are the top competitors of KoinWorks?
KoinWorks's top competitors include Bondora, Lufax and CreditEase.
What products or services does KoinWorks offer?
KoinWorks offers KoinP2P, KoinBisnis, KoinGaji, KoinInvoice, and KoinLearn.
How many acquisitions has KoinWorks made?
KoinWorks has made 1 acquisition, including BPR ASRI.
Who are KoinWorks's investors?
KoinWorks has 12 investors. Key investors include Lendable, Triodos Bank, Quona, Credit Saison, and MDI Ventures.
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