P2P lending platform KoinWorks raises US$16.5M in Series B funding round

Led by EV Growth and Quona Capital, this funding round for KoinWorks follows a Series A funding round it raised in earlier this year

Indonesian peer-to-peer (P2P) lending platform KoinWorks has raised an IDR170 billion (US$16.5 million) Series B funding round.

The funding round was co-led by EV Growth, the late-stage funding arm of Southeast Asian venture capital (VC) firm East Ventures, and Quona Capital, a fintech-focussed VC firm.

It also included the participation of existing...

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