Ringkas

Simplified digital mortgage platform for Indonesia

Jakarta, Indonesia · Founded 2020 · $11.0M raised

Headquarters
Jakarta
Employees
11–50
Founded
2020
Business Model
B2B2C
Total Funding
$11.0M
Last Round
$5.1M Venture RoundMay 2025
Rounds
3

About

Ringkas is a digital mortgage platform founded in 2020 by Ilya Kravtsov, Leroy Pinto, Puguh Widyoko, and Yoko Simon to address Indonesia's homeownership challenge. The platform simplifies the mortgage application process by offering pre-qualification, multi-lender applications, and real-time application tracking. Ringkas has integrated with property developers, digital payment platforms (DANA, OVO), and financial institutions across Indonesia. The company has raised over $5M in funding (Pre-Series A as of 2025) and aims to create mortgage transactions worth $200M within 12 months. Ringkas is registered with Indonesia's Financial Services Authority (OJK) and ISO 27001 certified.

Summary

Ringkas is a Fintech company based in Jakarta, Indonesia, founded in 2020. It has raised $11.0M in total across 3 rounds, most recently a $5.1M Venture Round round in May 2025. Investors include Flourish Ventures, Kadan Capital and East Ventures.

Tech & App Stack

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Funding History

Venture RoundVenture RoundMay 2025
$5.1M

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Pre-Seed through Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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