BEAMSTART Logo

Indonesia’s Komunal secures seed funding from East Ventures

Komunal announced that it has secured an undisclosed amount of seed funding led by East Ventures and Skystar Capital.


Indonesia’s Komunal secures seed funding from East Ventures | BEAMSTART News

- From our Sponsors -

The online peer-to-peer (P2P) lending company will use the investment to accelerate its mission to improve the funding access to Indonesia’s Micro Small Medium Enterprises (MSMEs).

Komunal was registered in OJK (Indonesian Financial Service Authority) in February 2019 and started operation in March 2019.

- Featured Sponsor -

After eight months, Komunal claimed to have channeled around Rp 50 billion of loans to good quality MSMEs, mostly located in the East Java area.

As of June 2019, the P2P loan transaction reached Rp 45 trillion on a cumulative basis, up 97.7 percent from December 2018.

“Through Komunal, we want to help potential MSMEs to thrive and substantially improve Indonesia’s economy, as well as reduce inequality,” Hendry Lieviant, the Co-founder of Komunal, said.

- From our Sponsors -

Latest Jobs

Digital Marketing Intern

Undrcut Digital Marketing

Singapore

Internship

SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate

Niagahoster

Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer

Hostinger

Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital

Singapore

Full Time

SGD 2500 — SGD 5000 monthly

Investment Analyst

Accial Capital

Singapore

Full Time

SGD 4000 — SGD 6000 monthly

Enterprise Solution Project Manager

Hukumonline.com

Jakarta, Indonesia

Full Time

SGD 2000 — SGD 2100 monthly

Operations Executive

Yojee

Singapore

Full Time

SGD 2800 — SGD 3500 monthly

Site Reliability Engineer

Livit

Singapore

Full Time

SGD 2000 — SGD 3500 monthly

Live Streaming Operator

SIRCLO

Tangerang, Indonesia

Full Time

SGD 800 — SGD 1100 monthly

Mobile Developer

Koltiva

Jakarta, Indonesia

Full Time

SGD 1000 — SGD 1100 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).