KoinWorks - About the company
KoinWorks is a series C company based in Jakarta (Indonesia), founded in 2015 by Willy Arifin. It operates as a Developer of a P2P lending platform. KoinWorks has raised $93.1M in funding from investors like Quona, East Ventures and Credit Saison. The company has 145 active competitors, including 33 funded and 10 that have exited. Its top competitors include companies like Lending Club, Mintos and Lufax.
Company Details
Developer of a P2P lending platform. It provides users with business loans and education loans and utilizes machine learning technology to match lenders and borrowers. Borrowers can avail of non-collateral loans or interest loans per month.
- Website
- koinworks.com
- Email ID
- *****@koinworks.com
- Phone Number
- +62 **********
Key Metrics
Founded Year
2015
Location
Jakarta, Indonesia
Stage
Series C
Total Funding
$93.1M in 9 rounds
Latest Funding Round
Ranked
8th among 145 active competitors
Employee Count
263 as on Sep 30, 2026
Investment & Acquisitions
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KoinWorks's funding and investors
KoinWorks has raised a total funding of $93.1M over 9 rounds. Its first funding round was on Aug 13, 2018. KoinWorks has 13 institutional investors.
Here is the list of recent funding rounds of KoinWorks:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 10, 2022 | 2880586 | Conventional Debt | 6898660 | 7007058 | 8509814 | 4662350 |
Jan 10, 2022 | 9922587 | Series C | 7260114 | 8223155 | 8781017 | |
May 18, 2020 | 1704614 | Conventional Debt | 9905250 | 8255794 | 4653364 |
View details of KoinWorks's funding rounds and investors
KoinWorks' founders and board of directors
Founder? Claim ProfileThe founders of KoinWorks is Willy Arifin.
Here are the details of KoinWorks' key team members:
- Willy Arifin: Co-Founder of KoinWorks and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of KoinWorks's Founder profiles and Board Members
KoinWorks' employee count trend
KoinWorks has 263 employees as of Sep 26. Here is KoinWorks's employee count trend over the years:
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KoinWorks's Competitors and alternates
Top competitors of KoinWorks include Lending Club, Mintos and Lufax. Here is the list of Top 10 competitors of KoinWorks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lending Club 2006, San Francisco (United States), Public | P2P marketplace for consumer and business loans | $219M | 83/100 | |
2nd | P2P marketplace for consumer and business loans | $28M | 69/100 | ||
3rd | Online P2P lending platform for personal loans | $3.04B | 66/100 | ||
4th | CreditEase 2006, Beijing (China), Series B | Wealth management, credit management, microcredit loans and startup incubation and investment | $11.6M | 66/100 | |
5th | P2P lending platform for consumers & businesses | $1.68M | 65/100 | ||
6th | Online P2P marketplace for consumer and business loans | $6.83M | 62/100 | ||
7th | Manafa Capital 2018, Riyadh (Saudi Arabia), Series A | Equity crowdfunding platform to connect investors with companies | $28.2M | 62/100 | |
8th | Developer of a P2P lending platform | $93.1M | 55/100 | ||
9th | Ta3meed 2019, Riyadh (Saudi Arabia), Series A | Provider of debt-based crowdfunding for government contracts | $15.1M | 54/100 | |
10th | Online P2P marketplace for consumer and business loans | $7.79M | - | 54/100 |
Looking for more details on KoinWorks's competitors? Click here to see the top ones
KoinWorks's Investments and acquisitions
KoinWorks has acquired BPR ASRI. KoinWorks has not made any investments as of now.Reports related to KoinWorks
Here is the latest report on KoinWorks's sector:
News related to KoinWorks
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Distribute financing to 900 thousand MSMEs, KoinWorks launches ...IDNFinancials•Jun 25, 2024•KoinWorks
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Press the Risk of Loan So Gambling Capital, Fintech Choose MSME FinancingCnbcindonesia•Jun 20, 2024•KoinWorks
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KoinWorks logs revenue gain, wider losses in 2022; targets profitability by 2024Tech in Asia•Apr 10, 2024•KoinWorks
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Chubb and KoinWorks Partner to Provide Insurance Solutions for Businesses Throughout IndonesiaKoinWorks•Feb 23, 2024•KoinWorks, Chubb
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Singaporean health deep tech startup Mesh Bio secures investment from East VenturesTechNode•Oct 12, 2023•Mesh Bio, East Ventures, Tokopedia, Traveloka and 11 others
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Wifkain Expands Fashion Manufacturing Supply Chain Financing FeaturesDailysocial•Aug 24, 2023•Wifkain, KoinWorks
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Smartfren Business and KoinWorks Sign MoU for Financing Indonesian Micro, Small and Medium EnterprisesKoinWorks•May 25, 2023•KoinWorks, Smartfren
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KoinWorks Wins International Award for Sustainability in Paris, FranceKoinWorks•May 19, 2023•KoinWorks
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