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Indonesian fintech firm KoinWorks losses surged 6 8x in 2022

Jakarta-based fintech firm KoinWorks saw its losses widen by 585% in 2022 from a year earlier even as its revenue increased by about 68%.

Gunung sewuJawa tengahCity ofUnited kingdomJakarta rayaAsri cikupaKredit pintarWilly arifinBenedicto haryonoLunaria annua holding pte ltdAccion internationalKoinworks bankVentures growth fundCorporate regulatory authoritySaison capitalAlternate ventures

Data Vantage: klikit boosts funding tally, Skuad adds Rapyd Ventures to cap table

klikit has added to its previously secured $5.64 million seed financing.

Republic ofSouth koreaSouth koreanVikram kalraZeynep kollerSiddharth pisharodyChristopher withersBeneva investamaVentures growth fundAustralia based startupRapyd venturesIntegra partnersThinkzone venturesParagon beneva investamaEast venturesGrowth fund

Data Vantage: BuyMed, SwipeRx, Reebelo and Partior secure additional capital

BuyMed received $19.5 million last week as part of a $33.5 million Series B round.

Republic ofVentures growth fundSoutheast asianSouth koreaSmilegate investmentSingapore based swiperxVulcan capitalCathay innovationStandard charteredTrihill capitalThinkzone venturesEast venturesGrowth fundScorpio electricDelivery hero

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

Thai online fashion platform Pomelo issued fresh Series D preference shares last week.

Jawa tengahSouth koreaMichael gryseelsTelkomsel mitra innovasiAndre hoffmanCorporate regulatory authorityThailand central groupSiris fundVentures growth fundReal tech holdings louis christian murayamaBlue planet environmental solutionsBank perkreditan rakyatAlphatrio sustainable technology fundLuminor financial holdingsReal tech holdingsMalaysia kuok group

Editor s take: The week that was — Jan 23-28

This edition features updates on Zilingo, OLX Group, Sociolla, Love, Bonito, and more.

New yorkUnited statesFrance generalRepublic ofAllen kuoPahrada sapprasertAnkiti boseFinancial groupQiming venture quantasing groupVentures growth fundTemasek holdingsBella internationalRuipeng pet groupGuild seaSunshine insurance groupMitsubishi ufj

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