Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
21
self-reported 11–50 band
Founded
2018
8 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
2
Corporate round · Jun 2021
Company type
Privately Held
self-reported
Description
Modalrakyat is a working capital enabler for startups and SMEs. Through its B2B2C API-driven technology, Modalrakyat unlocks “productive pay-later” feature for various use cases of tech-startups ecosystem, ranging from logistic marketplace, POS (Point of Sales), to PPOB (payment point online banks).
Modalrakyat’s revolutionary business model has made them able to access transaction data of more than 500,000 potential clients of its strategic partners. This advantage then is leveraged by proprietary big-data machine learning credit scoring system to automate approval process and enable high quality borrowers into the platform to be funded by their retail and institution lenders.
We are officially registered under OJK (Financial Service Authority) and Kominfo (Ministry of Technology, Information, and Communication). Modal Rakyat is currently backed by PT. GDI (whom investors include vertex, Insignia, and telkom).
If you are interested in fast paced & high-tech environment while supporting financial inclusion to more than 60million MSMEs in Indonesia, you are the right person to join our team (joinus@modalrakyat.id)
Positions open:
- Front-end Engineer
- Full-stack Engineer
- UI/UX Designer/engineer
- Data Engineer
- Product Manager
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | ID |
All codes: ID
Addresses
- IDJalan Yado 3; Jakarta, 12140Primary
Grid intelligence Members
Funding
Rounds2
Round typeCorporate round · venture round
Amount (USD)not recorded
Stage ranknot recorded
Investors named1
Since last round4 yr 7 mo
Funding
Show as table · 2 funding rounds
| Rounds | 2 |
|---|---|
| Axis | 2018 to 2026 |
| Corporate round · 5 Jun 2021 | not disclosed |
Dated rounds only. The axis ends at the date this profile was last observed, not at today.
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
Names are withheld until a consented source exists.
FAQ
How many people work at Modal Rakyat?
21 counted staff profiles at January 2026, inside the self-reported 11–50 band.
Where does Modal Rakyat have offices?
One address on record, Indonesia only. Primary: Jalan Yado 3, Jakarta 12140.
Has Modal Rakyat raised funding?
Two rounds. Latest 5 June 2021: corporate round, investor Fazz Financial, no amount recorded.
What does Modal Rakyat list as its specialties?
One tag on the brand's own list, among them lending.
Which companies are listed alongside Modal Rakyat?
31 profiles list Modal Rakyat as a peer — 97th percentile in Financial Services. It lists ten peers of its own. PrimaKu and Xfers list it back.