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KoinWorks: Raises $108M in Series C Funding

KoinWorks Raises $108M in Series C Funding

  • KoinWorks, a Jakarta, Indonesia-based fintech platform, raised $108m in Series C funding
  • The round was led by MDI Ventures, the corporate venture arm of Telkom Indonesia, with participation from previous equity investors
  • The company provides a financial solution platform that focuses on underserved and underbanked markets
  • It provides small to medium size businesses owners and freelancers with an account and card, credit and productivity tools
  • The company is headquartered in Jakarta with Holding in Singapore and has a Tech office in Yogyakarta, India and Vietnam. Koin Works has over 1.5 million users
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