About Komunal
Komunal is a Financial Services company based in Surabaya (Indonesia) founded in 2018. Digital banking services are provided for rural communities in Indonesia. Komunal has raised $16.1 million across 3 funding rounds from investors including Sumitomo Corporation Equity Asia, JAFCO Asia and Skystar Capital. Komunal offers products and services including Peer-to-Peer Lending Platform and DepositoBPR. Its focus areas include FinTech, Banking Tech, Open Banking and Banking Marketplace. Its competitors include Modalku, Alami Sharia and Modal Nasional; 2 of its 3 listed competitors have raised funding.
Company details
Komunal was established in 2018 in Surabaya, Indonesia, as an internet-first bank targeting underbanked rural populations. Digital services such as online deposits, savings, transfers, and P2P lending for SMEs are offered in partnership with rural banks. Two subsidiary products, DepositoBPR and Komunal P2P, are maintained to support these operations within the fintech sector.
- Total Equity Funding$16.1M (USD)
in 3 rounds
- Latest Funding Round$5.5M (USD), Series A
Dec 2023
- InvestorsSumitomo Corporation Equity Asia
& 7 more
Products & Services of Komunal
Komunal offers a comprehensive portfolio of products and services, including Peer-to-Peer Lending Platform and DepositoBPR.
Digital platform for peer-to-peer lending to support Indonesian SMEs
Marketplace for rural bank deposit products across Indonesia
Apps and channels of Komunal
its YouTube channel Komunal Indonesia has 44.6K subscribers and 30 videos.
Videos from Komunal
The most watched videos on Komunal's YouTube channel, Komunal Indonesia (44.6K subscribers). Click a video to play it here.
More on Komunal Indonesia.
Funding Insights of Komunal
Komunal has successfully raised a total of $16.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in December 2023. 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 $16.1M
- Total Rounds 3
- Last Round Series A — $5.5M
- First Round $2.1M
(Sep 2021)
- Investors Count 8
All 3 funding rounds of Komunal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $5.5M | Series A | – | Sumitomo | |
| Jan 2023 | $8.5M | Series A | – | East Ventures | |
| Sep 2021 | $2.1M | Series A | – | East Ventures |
8 investors in total: 8 institutional.
Investors in Komunal
Komunal has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Sumitomo Corporation Equity Asia, JAFCO Asia and Skystar Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments across Asia are handled by Sumitomo. | scequity.com.hk | Hong Kong, China | ||
Investments in early-stage tech startups are made by JAFCO Asia. | jafcoasia.com | Singapore, Singapore | ||
Early-stage tech startups are funded by Skystar Capital venture fund. | skystar.vc | Jakarta, Indonesia | ||
Private equity investments in faith-driven public companies are managed. | sovereignscapital.com | Raleigh, United States | ||
Venture capital firm investing in early-stage tech startups | gobi.vc | Kuala Lumpur, Malaysia | ||
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability. | east.vc | |||
| alphatriocap.com | ||||
Offers a video calling app for seamless user communication. | 2005 | ozora.com | Prague, Czech Republic |
Investor details for Komunal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Komunal
3 dated milestones of Komunal across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Komunal is founded.
- Funding First funding round of $2.1M.
- Funding Latest funding round, Series A, of $5.5M.
Competitors of Komunal
Komunal has 3 listed competitors in our database, 2 of them funded. They include Modalku, Alami Sharia and Modal Nasional.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modalku.co.id | 2016 | Jakarta, Indonesia | $66.2M | Business loans are facilitated via a peer-to-peer marketplace platform. | ||
| alamisharia.co.id | 2017 | Jakarta, Indonesia | $19M | Online P2P lending marketplace offering diversified loans to businesses | ||
| modalnasional.co.id | 2018 | Tangerang, Indonesia | Offers comprehensive solutions for consumer and SME loans to facilitate financial access. |
Detailed competitors of Komunal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Komunal
The website of Komunal (komunalgroup.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 40.4% vs previous month
Websites whose visitors overlap most with Komunal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| komunalp2p.co.id | 100% | 23.7K | #756,228 | View details | |
| komunal.co.id | 92% | #906,159 | View details | ||
muktigroup.com | muktigroup.com | 89% | #11,974,415 | – | |
samoragroup.co.id | samoragroup.co.id | 88% | #9,366,801 | – | |
bumilaut.com | bumilaut.com | 87% | #6,760,341 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Komunal
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 20 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Komunal
Complete news archive for Komunal
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Komunal
Komunal was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Komunal is headquartered in Surabaya, Indonesia. It is registered at Surabaya, East Java, Indonesia.
Komunal is a funded company, having raised a total of $16.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.1M, raised on Sep 2021.
Komunal was established in 2018 in Surabaya, Indonesia, as an internet-first bank targeting underbanked rural populations. Digital services such as online deposits, savings, transfers, and P2P lending for SMEs are offered in partnership with rural banks. Two subsidiary products, DepositoBPR and Komunal P2P, are maintained to support these operations within the fintech sector.
Komunal's top competitors include Modalku, Alami Sharia and Modal Nasional.
Komunal offers Peer-to-Peer Lending Platform and DepositoBPR.
Komunal has 8 investors. Key investors include Sumitomo Corporation Equity Asia, JAFCO Asia, Skystar Capital, Sovereign's Capital, and Gobi Partners.