Komunal
Komunal is a fintech company in Surabaya, Indonesia, founded in 2019. It has raised $16.8M across 5 rounds, most recently a $5.5M Series A in January 2024.
The Pioneer of Neo-Rural Bank in Indonesia
- Headquarters
- Surabaya
- Employees
- 51–200
- Founded
- 2019
- Business Model
- Marketplace
- Website
- komunalgroup.com
- Total Funding
- $16.8M
- Last Round
- $5.5M Series AJan 2024
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 5 funding rounds and 4 investors for this company. The full record is or through the API.
About
Komunal is an Indonesian fintech company pioneering the digitalization of rural banks (BPR) to drive financial inclusion across the country. The platform operates two products: a peer-to-peer lending marketplace connecting SME borrowers with individual lenders, and DepositoBPR, the first digital marketplace for rural bank deposit products. Founded in 2019 and headquartered in Surabaya, Komunal now partners with 376+ rural banks across 24 provinces, serving over 11,000 rural MSMEs.
Summary
It lists 51–200 employees. It has raised $16.8M in total across 5 rounds, most recently a $5.5M Series A round in Jan 2024. Investors include Sumitomo, EV Growth and East Ventures.
Funding History
Jan 2024
Sign up to see all 5 events
Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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