Modalku Revenue and Competitors

Jakarta Barat,

Location

N/A

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Modalku's estimated annual revenue is currently $20M per year.(i)
  • Modalku's estimated revenue per employee is $143,000

Employee Data

  • Modalku has 140 Employees.(i)
  • Modalku grew their employee count by -13% last year.

Modalku's People

NameTitleEmail/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$31.4M387-10%N/AN/A
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What Is Modalku?

Modalku is an online marketplace based in Jakarta, Indonesia for small businesses to acquire loans and for lenders to fund small business loans to earn compelling returns. Registered and supervised by Financial Services Authority. Our technology-based approach enables borrowers to receive loans for the first time or at lower than market rates, while lenders will earn returns well above that of bank deposits, traditional fixed income products, and life insurance investment-linked products. This marketplace lending model is proven in countries such as USA, UK, China & Singapore. SMEs are a key source of employment and economic growth in Indonesia, but are structurally disabled by financial institutions to get the financing they need, despite being generally profitable companies. Meanwhile, lenders looking to fend off a high inflation rate need a more reliable way to generate higher returns. Modalku is committed to solve these problems through proactive innovation and collaboration with borrowers, lenders, and the broader ecosystem in Indonesia. Because together, we can create a much better Indonesia. Modalku operates in three countries: Indonesia, Singapore, and Malaysia. We operate under the name Funding Societies in both Singapore and Malaysia. Modalku have won many accolades and awards, including the Global Excellence Award by ITU Telecom, a specialized agent of United Nations for ICT.

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N/A

Total Funding

140

Number of Employees

$20M

Revenue (est)

-13%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Modalku News

2022-04-17 - ID Digest: ALAMI, Modalku post growth in loan disbursement ...

Indonesian fintechs ALAMI and Modalku have both announced significant growth in their loan disbursement in Q1 2022, while Bank Tabungan...

2022-04-17 - Akseleran dan Modalku Targetkan NPF di Bawah 1% Hingga Akhir Tahun

Tidak jauh berbeda dengan NPF Akseleran, fintech P2P lending Modalku juga mencatatkan kestabilan NPF-nya. "Tingkat NPF Modalku saat ini...

2022-03-22 - Modalku Gandeng Lazada Beri Pinjaman Buat Kurir dan Karyawan

Adapun, Modalku sendiri merupakan salah satu platform P2P lending klaster produktif berpengalaman di Tanah Air, dan telah beroperasi di...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$27.9M181-16%N/A
#2
$55.2M186-17%N/A
#3
$122.5M5949%N/A
#4
$116.5M6439%N/A
#5
$253.5M12497%N/A