Luno Indonesia
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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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Venture | Completed | Luno Indonesia | - |
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