Loading organizations...
Pintek is an Indonesian platform providing tailored financing for businesses, including supply chain, distributor, supplier, trade invoice, and inventory solutions. It addresses working capital needs with rapid disbursement and flexible schemes. Operating under OJK regulation and ISO 27001:2013 certification, Pintek often extends credit without traditional collateral.
Founded in 2018 by Ioann Fainsilber and Tommy Yuwono, Pintek initially democratized education access in Indonesia through flexible credit. Recognizing gaps in the educational ecosystem, they built a fintech platform, later expanding this accessible financing focus to broader business funding for entrepreneurs and SMEs.
Pintek primarily serves educational institutions, their suppliers, and entrepreneurs and SMEs needing operational capital. The company's mission is to foster economic development by bridging financial access gaps for underserved Indonesian segments. It empowers businesses and individuals, facilitating sustained growth and contributions to the national economy via inclusive financial products.
Pintek has raised $7.3M across 2 funding rounds.
Pintek has raised $7.3M in total across 2 funding rounds.
Pintek has raised $7.3M in total across 2 funding rounds.
Pintek's investors include Accion Venture Lab, ADB Ventures, Finch Capital.
Pintek has raised $7.3M across 2 funding rounds. Most recently, it raised $7.0M Series A in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2021 | $7M Series A | — | Accion Venture LAB, ADB Ventures, Finch Capital | Announced |
| Mar 1, 2019 | $260K Seed | — | Accion Venture LAB, Finch Capital | Announced |
Pintek is an Indonesian education fintech company founded in 2018 that provides digital financial services to the education ecosystem, including lending and business support for students, parents, schools, and education suppliers.[1][2] It offers specialized funding products like distributor, supplier, merchant, invoice, and inventory financing for small and medium enterprises (SMEs) in education, serving over 2,750 institutions and 650,000 students across 29 provinces.[1][2] Licensed by Indonesia's Financial Services Authority (OJK), Pintek has raised $33-35M in funding, reaching Series A stage with its last round of $7M three years ago, and aims to impact 10 million customers in five years through tech improvements and expanded reach.[1][2][3]
The platform addresses financial access gaps for unbanked/underbanked education MSMEs, delivering value-added services like educational content to 1.35M monthly visitors while growing amid demand for accessible financing.[2]
Pintek, officially PT Pinduit Teknologi Indonesia, was founded in 2018 in Central Jakarta, Indonesia, by co-founder and President Director Tommy Yuwono, who identified rising demand for financial services in the education sector.[1][2] Headquartered at Citywalk Sudirman, the company emerged to serve Indonesia's vast, underserved education community, starting with innovative lending for schools and suppliers.[1][2] Early traction included supporting 2,750+ institutions and scaling to 650,000 students despite challenges like COVID-19, bolstered by a $7M Series A led by investors like Accion and Finch Capital, bringing total funding over $35M.[2][3] Registration with OJK and AFPI solidified its compliance and growth from inception.[2]
Pintek rides Indonesia's booming edtech and fintech convergence, fueled by a young population, 50M+ students, and low banking penetration in education SMEs.[2] Timing aligns with post-COVID digital acceleration and government pushes for financial inclusion, where education financing gaps hinder quality access.[2] Market forces like rising edtech demand and OJK regulations favor licensed players, positioning Pintek to influence by funding 10M users and enabling livelihoods.[1][2] It shapes the ecosystem via comprehensive services, inspiring similar models in Southeast Asia's $10B+ edtech market.
Pintek's momentum—post-Series A scaling, tech upgrades, and ecosystem dominance—sets it for hypergrowth targeting 10M impacts, potentially via new products or regional expansion.[2] Trends like AI-driven lending, deeper edtech integrations, and Indonesia's digital economy boom will propel it, though competition and regulation pose risks.[1][2] Its influence may evolve from niche lender to education finance leader, amplifying access and returning to its 2018 mission of inclusive growth.[2]
