Modalku

lendingp2p lending

FOUNDING YEAR: 2016
LOCATION: Indonesia
Last Update: 17/07/2020

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About

Modalku offers an online marketplace that helps small businesses to raise working capital and from lenders in exchange of higher returns. Modalku offers loans from Rp50 million to Rp 500 million with a tenure of three, six and 12 months. It claims to have the capability to disburse loans within 10 days. The services provides non-collateral loans with interest rates between 15 per cent and 20 per cent.

Focus

PRODUCTS & SERVICES

P2P business loans

MAIN CLIENTS

Small and Medium Businesses

People

FOUNDERS

Reynold Wijaya

INVESTORS:

Alpha JWC Ventures

Alpha JWC Ventures.

Triodos Investment Management

Momentum

FUNDED

YES

TOTAL FUNDING

$2.4 M

DATE OF LAST FUNDING

Dec 2019

SEED & PRIOR FUNDING

$1.2 M

SEED CLOSED ON

Apr 2016

FUNDING SERIES

OTHERS  · $1.2 M · Apr 2016

LISTED

NO

BASICS

FOUNDING YEAR:

2016

LOCATION:

Indonesia

Views:

89 VISITORS | 169 VIEWS
LATEST FUNDING ROUND

$2.4 M

About

Modalku offers an online marketplace that helps small businesses to raise working capital and from lenders in exchange of higher returns. Modalku offers loans from Rp50 million to Rp 500 million with a tenure of three, six and 12 months. It claims to have the capability to disburse loans within 10 days. The services provides non-collateral loans with interest rates between 15 per cent and 20 per cent.

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