KoinWorks

We’re excited to announce that KoinWorks has raised $108 million in Series C funding to bring more access to underserved small-to-medium-sized enterprise businesses (SME’s) and entrepreneurs.  Although Indonesia is one of the world’s largest economies, access to adequate finances is a significant problem most SMEs face when trying to scale their business. This round of funding led by MDI Ventures hopes to help SMEs gain footing in emerging markets such as Indonesia.  Since our founding in 2016, we have remained committed to keeping entrepreneurs’ success in a growing economy at the forefront of our vision. This round of funding will further that vision significantly.  A huge thank you to all our investors and to Catherine Shu at TechCrunch for helping us spread the word! Quona Capital Triodos Investment Management Saison Capital ACV_VC East Ventures Read more on our blog, link in the first comment below 👇🏻 #KoinWorksSeriesC #SiapapunBisa #MelangkahLebih #fundingnews #KoinWorksforSMEs #SeriesC #Funding #newstartups

🌟 Exciting Collaboration!🌟 Earlier this week, KoinWorks partnered with AC Ventures for an exclusive learning session on "How Startups Can Unlock Hidden Revenue through Money Management," designed specifically for AC Ventures' esteemed partners. Our Chief of Growth, Nathan Yoles, shared invaluable insights on investment trends and the unique opportunities within Indonesia's market.  🏦💡 On this session, Nathan shared these key money management strategies for startups to thrive in a competitive market : - Plan Your King: Mr. Cash, effective cash flow management is crucial - Stay Lean, streamline operations and cut unnecessary costs - Kill Eternal Promises, prioritize actionable results over unfulfilled commitments - Constantly Optimize AR, regularly refine accounts receivable to improve cash flow - Aggressively Go for the Efficient Frontier Portfolio, invest strategically to maximize returns - Choose Your Strategic Financial Partners, collaborate with partners who align with your financial goals and support The event brought together key partners of AC Ventures, creating a fantastic platform for collaboration and learning. We wrapped up the evening with a vibrant networking session, featuring lively discussions, delicious snacks, and drinks. A big thank you to everyone who participated! 🚀✨ #KoinWorks #ACVentures #StartupGrowth #Networking #Collaboration

KoinWorks Wins Sustainable FinTech Award - Indonesia! 🏆 We are thrilled to announce that KoinWorks has been honored with the Sustainable FinTech Award - Indonesia at the prestigious Asian Banking & Finance Awards 2024! The grand ceremony, held on 4 July 2024 in Singapore, celebrated the remarkable achievements and innovation in the banking and finance industry, including Wholesale Banking, Retail Banking, Corporate and Investment Banking, and for the first time, the FinTech sector. This award demonstrates our ongoing commitment to long-term financial solutions and innovation, particularly in support of MSME's. At KoinWorks, we are committed to supporting long-term business growth for MSMEs, ensuring their success and constructive contribution to the economy. We are incredibly proud of our team and grateful for the support of our community. Together, we continue to make a positive impact in the world of finance. 👉 Read more about our achievement and the award here : https://lnkd.in/gjiqXiK5 👈

Exciting Times in Kediri! 🚀 On June 11, 2024, OJK hosted a financial literacy event in Kediri entitled "Smart Choices in Utilizing Financial Technology" with participants from the local entrepreneurship training program. This event aims to empower local MSMEs, driving their growth and innovation. We are thrilled to share that Dr. (c) Willy Sanjaya, SE, M.Akt, CFP®, AEPP®, CP.NLP, CWPP, CSSP, CPS, CCSM, CIFA, CPRM®, CIFM®, our VP of Retail Funding, was one of the keynote speakers in collaboration with (AFPI) Asosiasi FinTech Pendanaan Bersama Indonesia He emphasized the transformative potential of financial technology for the productive sector. One of the key takeaways from the event is the survey on the role of fintech lending for MSMEs: - Impactful Loans for MSMEs: Insights indicate that loans from fintech lending significantly enhance production flow for MSMEs. - Positive Influence on Business Development: 42.6% of participants noted that fintech lending contributes positively to strategic business development. - Empowering Growth Strategies: Approximately 30.6% of attendees recognized fintech lending as pivotal in expanding business strategies. We're honored to have participated in this event and hope the discussions inspire and guide participants in making informed financial decisions. Scroll down to see some snapshots from the event 👇✨

Proudly championing the success of KoinWorks and their transformative impact on MSMEs! As they continue to drive financial inclusion and job creation, MCI stands to support, fueling growth and innovation in Indonesia's vibrant business landscape. Click here to see the KoinWork’s full impact report 2023: https://lnkd.in/g8Tj9HUw Here's to empowering the future, together! #MandiriCapitalIndonesia #KoinWorks

We recently announced the release of KoinWorks' Impact Report 2023, which highlights our commitment to developing MSMEs, including creating 95,000 new jobs. However, our journey doesn't stop there. We aim for our social impact to ripple through communities far and wide. Join us in our mission by participating in the Play It Forward campaign! ⚽ We invite you to “keep the ball rolling” and achieve our common “goal” through the beloved sport of soccer. Soccer is not just a game; it's a symbol of unity and the resilient spirit of Indonesians. To bring this vision to life, we're sponsoring local soccer teams in the Jabodetabek area with jerseys and soccer balls. This initiative underscores our commitment to community empowerment beyond financing. We believe that positive impact can unlock everyone's potential—and we all know the excitement that soccer brings! Play It Forward and share how your soccer team is making a difference in your community! 🔗 Register here: https://lnkd.in/gZXdu9v7 #KoinWorks #PlayItForward #ImpactReport2023 #CommunityEmpowerment #SoccerForGood #IndonesianSociety #MSMEdevelopment

Announcing KoinWorks' Impact Report 2023 We are thrilled to unveil KoinWorks' 2023 Impact Report, "Leveling Up the MSME Ecosystem." This report highlights our unwavering dedication to responsible fintech and our transformative support for MSMEs. Through inclusive financing and ecosystem-wide initiatives, we have proudly contributed to the creation of 95,000 new jobs across the country. The report was launched at our "Play It Forward" event, which featured insightful contributions from speakers representing Asosiasi FinTech Indonesia, SAISON INDONESIA | PT. Saison Modern Finance, Chickin Indonesia, and Koalisi Ekonomi Membumi (KEM) | Earth-Centered Economy Coalition. See our key achievements below: - Empowering MSMEs as an integral part of the production ecosystem - Enhancing inclusive financing in critical sectors: FMCG, Agriculture, Healthcare - Diverse 2023 portfolio: 80% micro-enterprises, 36% women-owned businesses, 48% rural businesses - 37% MSME’s revenue growth - Creating 95,000 new jobs across Indonesia - Securing bronze certification from Cerise+SPTF for client protection - Over 500 free financial inclusion events and nearly 135 thousand participants since inception - Our team includes employees from 5 different nationalities, with 35% being women - In the technology department, 18% of the team members are women - Reduced our carbon footprint intensity by 14% compared to the previous year In 2024, we are excited to intensify our focus on ESG practices, enhancing the health of MSME businesses, and promoting green and women-tailored financing. By fostering inclusive ecosystems, we can drive significant positive change—reducing emissions, empowering women, and ensuring the delivery of equitable products. Discover the full report here: https://lnkd.in/eHCVHizU #KoinWorks #MSME #Impact #ESGReport #SupportMSMEKo

Eid al-Adha Mubarak! May this Eid bring you immense joy, good health, and all the best things in life. #KoinWorks #Fintech #EidAdha

KoinPreneur Recap: KoinWorks x Krealogi in “The Importance of Legal Formalities for Online & Home-Based Entrepreneurs” 🌟 We recently hosted an insightful KoinPreneur session with Krealogi, focusing on "The Importance of Managing Business Legalities for Online & Home-Based Entrepreneurs." A huge thank you to everyone who joined us! 📚 Learning takeaways: - Having a business license provides legal protection and enhances business credibility. - Food businesses need certifications like PIRT, Halal, and BPOM to ensure product safety and compliance. - Non-food businesses require NIB and can obtain SNI certification to confirm product quality and formal recognition. Once again, thank you to all who participated. We look forward to seeing you at our next webinar! #KoinWorks #KoinPreneur #MSMEGrowth #SupportMSME #Webinar

We were at Asosiasi FinTech Indonesia CMO Gathering last week with Dr. (c) Willy Sanjaya, SE, M.Akt, CFP®, AEPP®, CP.NLP, CWPP, CSSP, CPS, CCSM, CIFA, CPRM®, CIFM® Sanjaya, VP of Retail Funding KoinWorks where he detailed the journey of KoinWorks in developing innovative products and expanding our business. Alongside Tokocrypto, VIDA, and Faspay, Willy also highlighted the pivotal role that strategic partnerships play in enhancing the company's offerings and ensuring sustainable growth. Designed to foster collaboration and innovation within the fintech industry, this month's CMO Gathering’s theme was #8ergerakBersama: Sinergi dan Kolaborasi Industri Wujudkan Ekosistem Fintech yang Aman dan Nyaman—an inspiring call to action for industry leaders to work together towards a shared vision of a robust and safe fintech environment