Peak XV Partners reposted this
Happy New Year, everyone! Thrilled to kick off 2025 with exciting news – Pintarnya has secured multi-year debt facilities from Innoven Capital SEA! This will accelerate the growth of our lending business, empowering millions of Indonesians with greater access to financial services. Reflecting on our journey, I feel incredibly fortunate to be building Pintarnya alongside Ghirish Pokardas and Henry Hendrawan – two exceptional partners I’ve had the privilege to work with. Since launching in 2022, we’ve grown into a thriving employment ecosystem with over 7 million registered users and expanded offline lending services across multiple cities. Over the past year, we’ve grown revenue by 3x and are on track to reach EBITDA breakeven by the end of 2025. A heartfelt thank you to East Ventures, General Catalyst, Peak XV Partners, and Vertex Ventures SE Asia & India. Your unwavering belief in our mission has been invaluable. When we started, the idea of extending credit to millions of workers who frequently switch jobs seemed improbable to many – but we’ve proven otherwise, driving meaningful financial inclusion. With the expansion of our offline network, we’ve now extended our reach to higher-income segments, further amplifying our impact. Here’s to another year of growth, empowerment, and new milestones. Wishing everyone a productive and fulfilling 2025!
We are excited to announce our investment in Pintarnya, an online and offline platform providing employment and financial services to the mass consumers in Indonesia. Pintarnya bridges online and offline ecosystems, providing comprehensive solutions that connect individuals with critical employment and financial opportunities. The platform aims to empower Indonesian consumers by creating accessible pathways to economic advancement. Our investment will support Pintarnya's mission to expand its reach and deepen its impact across Indonesia. #InnoVenCapitalSEA #VentureDebt #Pintarnya #Fintech