Modalku

📍 Jakarta Barat, Indonesia🗓 Founded 2016👥 107 employees💰 Last funded Sep 2018
Financial Services🌐 modalku.co.id
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Modalku is owned by PT Mitrausaha Indonesia Grup, licensed by OJK Indonesia as digital financing platform based on technology. Our 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. Modalku operates in 5 countries: Indonesia, Singapore, Malaysia, Thailand & Vietnam. Established in 2016, Modalku is the pioneer of digital lending platforms in Indonesia. It connects Micro, Small, and Medium-Sized Enterprises (MSMEs) with individual & institutional lenders. On 2018, Modalku wins Micro Enterprise Fintech Innovation Challenge from United Nations (UNCDF - UN Pulse Lab) & became the only Fintech lending platform in South East Asia to received international award from KPMG. On 2020, Modalku also received an award from Iconomics as Indonesias Most Popular Digital Financial Brands. On 2022, Modalku Group (Funding Societies) also received Global SME Finance Award 2022 as Responsible Digital Innovator of the Year by International Finance Corporation - World Bank Group.
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Total investors
1
Early stage
0
Mid stage
0
Late stage
2016
Founded

Investors

1 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Indonesia
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Frequently asked questions
Who invested in Modalku?
Modalku has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Modalku last raise funding?
The most recent investment in Modalku recorded on gritt.io was in September 2018.
When was Modalku founded?
Modalku was founded in 2016.
What industry is Modalku in?
Modalku operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Modalku based?
Modalku is headquartered in Jakarta Barat, Indonesia.