BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater

11 Jun, 2021

BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater
Photo by Mak on Unsplash

– BukuWarung, a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced it has raised a $60 million Series A.
– The oversubscribed round was led by Valar Ventures, marking the firm’s first investment in Indonesia, and Goodwater Capital.
– The Jakarta-based startup claims this is the largest Series A round ever raised by a startup focused on services for MSMEs.
– BukuWarung did not disclose its valuation.
– Other participants included returning backers and angel investors like Aldi Haryopratomo, former chief executive officer of payment gateway GoPay, Klarna co-founder Victor Jacobsson and partners from SoftBank and Trihill Capital.

Accounting Credit FinTech Small and Medium Businesses Southeast Asia
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