Luno Indonesia

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Luno Indonesia - overview

Established

2016

Location

-, -, Indonesia

Primary Industry

Financial Services

About

Based in Indonesia, formed in 2016 as a joint venture company between MPC (PT Multipolar Tbk) and Luno Global, Luno Indonesia operates as a fintech company that devlops platform which allows users and businesses to store, buy, use and learn about Bitcoin through a mobile app. In 2016, MPC and Luno Pte. Ltd. , a portfolio company of Ariadne Capital, Digital Currency Group, Venturra Capital, and Naspers Limited, formed a joint venture called Luno Indonesia.


  Luno Indonesia offers a platform allows users to invest in a diverse range of cryptocurrencies and supports various payment methods for convenience. The platform also enables users to create and manage crypto portfolios, facilitating buying, selling, and storage of crypto assets via their app, accessible round the clock. Additionally, they offer a recurring buy feature, allowing gradual investment increments to bolster holdings over time.


Current Investors

Luno Pte. Ltd., MPC

Primary Industry

Financial Services

Sub Industries

Financial Services

Total Amount Raised

Subscriber access only

Luno Indonesia - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Joint VentureCompletedLuno Indonesia-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.