Finku

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Finku - overview

Established

2020

Location

Jakarta, -, Indonesia

Primary Industry

Software

About

Based in Jakarta, Indonesia, and founded in 2020 by co-founders Reinaldo Tendean, Shyam Kalairajah, and Shylla Estee, PT. Sahabat Finansial Kamu, doing business as Finku, is a provider of personal finance applications that automatically record financial transactions and assist users in managing their finances. In May 2022, Finku raised USD 2. 85 million in Seed funding from investors B Capital Group, 500 Global, Y Combinator, Rocket Internet SE, Goodwater Capital, GREAT MERITUS HOLDINGS LTD, Xendit, and Global Founders Capital.


The series Seed Funding values Finku at USD 12 million post-money. The company offers an all-in-one mobile application. The application allows users to connect all bank accounts, e-wallets, and investment accounts that automatically record and categorize their financial transactions and bills. Finku prioritizes data security, employing an international-level encryption system to ensure that users' data remains confidential and protected.


As of 2023, Finku has 6,00,000 users and facilitated more than 20 million transactions.


Current Investors

500 Global, Rocket Internet SE, Y Combinator

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software, Analytics & Performance Software

Website

www.finku.id/

Verticals

FinTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

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Finku - employee data

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