# Finku

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finku

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.finku.id/
- Total disclosed funding: $2.9M
- Latest round: Seed (May 12, 2022)
- Investors on record: 11

## About

Based in Jakarta, Indonesia, and founded in 2020 by co-founders Reinaldo Tendean, Shyam Kalairajah, and Shylla Estee, PT. Sahabat Finansial Kamu, doing business as Finku, is a provider of personal finance applications that automatically record financial transactions and assist users in managing their finances. In May 2022, Finku raised USD 2.85 million in Seed funding from investors B Capital Group, 500 Global, Y Combinator, Rocket Internet SE, Goodwater Capital, GREAT MERITUS HOLDINGS LTD, Xendit, and Global Founders Capital. The series Seed Funding values Finku at USD 12 million post-money.

The company offers an all-in-one mobile application. The application allows users to connect all bank accounts, e-wallets, and investment accounts that automatically record and categorize their financial transactions and bills. Finku prioritizes data security, employing an international-level encryption system to ensure that users' data remains confidential and protected. As of 2023, Finku has 6,00,000 users and facilitated more than 20 million transactions.

## Funding rounds

- Seed, May 12, 2022, $2.9M — 500 Global, Rocket Internet SE, Y Combinator, Golden Gate Ventures, Global Founders Capital, Goodwater Capital, B Capital, Xendit, Analog Capital, Trihill Capital, GREAT MERITUS HOLDINGS LTD

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Seed
- B Capital (https://capitalatlas.ai/funds/b-capital) — Seed
- Xendit — Seed
- Analog Capital — Seed
- Trihill Capital — Seed
- GREAT MERITUS HOLDINGS LTD — Seed