Buku Warung : focuses on providing financial services to micro and small businesses in Indonesia

Buku Warung is a fintech company based in Indonesia, which focuses on providing financial services to micro and small businesses and individuals. The company was founded by Iqbal Kusumah, Edi Sutrisno and Ade Setiawan in 2019.

Buku Warung is trying to solve several problems faced by micro and small businesses in Indonesia. These include:

1. Limited access to funding: Many micro and small businesses in Indonesia have difficulty obtaining loans from traditional banks and financial institutions. Buku Warung aims to provide these businesses with access to the funding they need to grow and succeed.
2. Lack of financial services: Many micro and small businesses in Indonesia do not have access to a range of financial services such as savings and insurance products. Buku Warung aims to provide these businesses with access to a range of financial services to improve their overall financial well-being.
3. Lack of financial education: Many micro and small businesses in Indonesia lack the financial knowledge and education to make informed decisions about their finances. Buku Warung aims to educate these businesses about financial management and provide them with the tools and resources they need to make informed decisions about their finances.
4. Inefficient record-keeping: Many micro and small businesses in Indonesia do not have efficient record-keeping systems in place. Buku Warung aims to help these businesses keep track of their finances, and to understand the financial health of their businesses.

Since then, Buku Warung has grown rapidly and it's now one of the most popular fintech company in Indonesia. The company's mission is to provide micro and small businesses with access to the funding they need to grow and succeed and to improve the financial well-being of people in Indonesia through its services.

The company has received funding from various investors including Sequoia India, Gobi Partners, and Square Peg Capital, that help it to expand it's services to other Southeast Asian countries.

What is your investment strategy in 2023?

Before you consider any of those, you'll be thankful that you have read this first.

Our team constantly updates the next up & rising technology companies in ASEAN. If you like our post do not miss any chance of investing opportunity in ASEAN by visiting our website for the "Rising Technology Wave in ASEAN".