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Data Vantage: Pomelo, Komunal, VFlowTech and Blue Planet report new updates

Data Vantage: Legit Group, Komunal, Prixa and Lion TCR welcome new funding

Indonesian Fintech Komunal Bags US$8 5M in Fundraise Led by East Ventures

Indonesian fintech Komunal raises $8 5m led by East Ventures

Komunal raises $8 5M to digitize Indonesia s rural banks

Komunal is reaching out to Indonesia’s rural customers by going where they are. The fintech partners with more than 220 banks in tier 2 and tier 3 cities spread through 19 provinces. Founded in 2019, the startup announced today it has raised $8.5 million in funding led by East Ventures Growth Fund, with participation from AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora and Gobi Partners.

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