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Shadine Taufik · · 1 min read

East Ventures leads $8.5m funding round of P2P lending firm

Komunal is a peer-to-peer lending company that bridges Indonesian SMEs to investors. The company is headquartered in Indonesia.

Funding details

  • Funding amount: $8,500,000
  • Lead investor: East Ventures
  • Other investors: AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, Gobi Partners
  • Stage: Series B
  • Source

More details

Komunal

The company was founded in 2018 by Kendrick Winoto, Hendry Lieviant, and Rico Tedyono.

Stage Amount (US$) Investors
Seed $900k East Ventures, Skystar Capital
Series A $2.1M Skystar Capital, East Ventures
Series B $8.5M Ozora, Skystar Capital, Gobi Partners, East Ventures, AlphaTrio Sustainable Technology Fund, Sovereign’s Capital
Total $11.5M

Editing by Miguel Cordon and Lorenzo Kyle Subido

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Shadine Taufik

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