Neobank Expansion KoinWorks has recently launched a neobank feature allowing SMEs to open business banking accounts through its app, catering to over 2.5 million users. This presents a sales opportunity to target SMEs seeking convenient financial services.
Strategic Partnerships Partnerships with companies like eFishery and Wifkain demonstrate KoinWorks' focus on strengthening its ecosystem. Leveraging these affiliations can open doors for collaboration and sales within the agriculture and supply chain finance sectors.
ESG Impact Initiatives With the launch of its Impact Report covering ESG pillars, KoinWorks is emphasizing sustainability and community welfare. This positions the company well for engaging with businesses that prioritize social responsibility, offering sales opportunities in the socially conscious market.
Series B Investment KoinWorks secured a $12 million Series B investment from leading firms like EV Growth and Quona Capital. This financial backing not only boosts credibility but also signifies growth potential, attracting potential clients looking for stable and expanding financial partners.
Competitive Positioning Within the financial services landscape, KoinWorks stands out with its credit-led approach for MSMEs. Highlighting this unique positioning in sales conversations can appeal to businesses in need of tailored financial solutions and elevate the company's market presence.