Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
89
self-reported band not used
Founded
2016
10 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
7
Debt financing · Oct 2023 · US$ 38.7M
Company type
Privately Held
self-reported
Description
Modalku is owned by PT Mitrausaha Indonesia Grup, licensed by OJK Indonesia as digital financing platform based on technology. Our technology-based approach enables borrowers to receive loans for the first time or at lower than market rates, while lenders will earn returns well above that of bank deposits, traditional fixed income products, and life insurance investment-linked products.
Modalku operates in 5 countries: Indonesia, Singapore, Malaysia, Thailand & Vietnam. Established in 2016, Modalku is the pioneer of digital lending platforms in Indonesia. It connects Micro, Small, and Medium-Sized Enterprises (MSMEs) with individual & institutional lenders.
On 2018, Modalku wins Micro Enterprise Fintech Innovation Challenge from United Nations (UNCDF - UN Pulse Lab) & became the only Fintech lending platform in South East Asia to received international award from KPMG. On 2020, Modalku also received an award from Iconomics as Indonesia's Most Popular Digital Financial Brands. On 2022, Modalku Group (Funding Societies) also received Global SME Finance Award 2022 as Responsible Digital Innovator of the Year by International Finance Corporation - World Bank Group.
Specialties
All 4 specialties
- SME Loans
- Fintech
- Alternative Investment
- SME Digital Financing Platform
Related specialties
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | ID |
All codes: ID
Addresses
- IDJalan Kedoya Raya; Unifam Tower Lt 10; Jakarta Barat, Jakarta 11520Primary
Grid intelligence Members
Funding
Rounds7
Round typeDebt financing · non-equity funding
Amount (USD)38,700,000
Stage ranknot recorded
Investors named1
Since last round2 yr 2 mo
Funding
Show as table · 7 funding rounds
| Rounds | 7 |
|---|---|
| Axis | 2016 to 2026 |
| Debt financing · 26 Oct 2023 | US$ 38.7M |
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 Modalku?
89 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.
Where does Modalku have offices?
One address on record, Indonesia only. Primary: Jalan Kedoya Raya, Unifam Tower Lt 10, Jakarta Barat, Jakarta 11520.
Has Modalku raised funding?
Seven rounds. Latest 26 October 2023: debt financing, US$38,700,000, investor AlteriQ Capital.
What does Modalku list as its specialties?
Four tags on the brand's own list, among them fintech.
Which companies are listed alongside Modalku?
38 profiles list Modalku as a peer — 98th percentile in Financial Services. It lists ten peers of its own. Investree and Akseleran list it back.