Strategic Partnerships KoinWorks has formed strategic partnerships with key industry players like eFishery and Wifkain, indicating potential cross-selling opportunities by leveraging these collaborations to reach a wider customer base.
Neobank Expansion The recent launch of a neobank feature enabling SMEs to open business banking accounts through the app presents a direct sales opportunity to target SMEs looking for convenient and innovative financial solutions.
Significant Investment With a $12 million investment from Quona Capital, KoinWorks has the financial backing to explore and expand its offerings, making it an attractive potential partner for businesses seeking growth capital.
ESG Focus KoinWorks' focus on ESG initiatives, as highlighted in their Impact Report, can be leveraged as a unique selling point to attract socially conscious clients interested in aligning their financial activities with sustainability goals.
Market Opportunity Being part of the Financial Services industry in Indonesia with a revenue range of $50-100 million, KoinWorks stands in a prime position to capitalize on the growing market demand for MSME-focused financial services in the region.