Indonesia based P2P lending platform has raised $16.5m in Series A financing, led by Mandiri Capital.
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KoinWorks Secures $16.5m in Series A Funding
KoinWorks offers loans relating to business, education, health and recently has launched an employee loan option in partnership with payroll management firm Gadjian. It also offers loan options for those pursuing Bachelor’s and Master’s and doctorate degrees. Other startups in the P2P lending space in Indonesia include Sequoia Capital-backed ModalKu and Tunaikita, a joint venture of Wecash Southeast Asia.
