Modalku

Indonesia
Karangnongko, Central Java, Indonesia, 11520

Company profile

Modalku company profile

Modalku is an online marketplace based in Jakarta, Indonesia for small businesses to acquire loans and for lenders to fund small business loans to earn compelling returns. Its technology-based approach enables borrowers to receive loans for the first time or at lower than market rates, while lenders will earn returns well above that of bank deposits, traditional fixed income products, and life insurance investment-linked products. This marketplace lending model is proven in countries such as USA, UK, China & Singapore.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$1M-$10M
Founded
2016-01-01, Year

Headquarters

Postal code
11520
Country code
ID
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
7
Total equity funding
$210.5M
Last funding
Debt Financing / $38.7M / 2023-09-26
Last equity funding
Series C / $144.3M
Investors
16
Lead investors
4
Founders
3
Articles
21

Founders and investors

Founders

Iwan KurniawanKelvin TeoReynold Wijaya

Lead investors

AlteriQ CapitalSoftBankSoftBank Vision FundTriodos Bank

Investors

Alpha JWC VenturesEDBIPeak XV PartnersSoftBankSoftBank Vision Fund