Modalku is owned by PT Mitrausaha Indonesia Grup, licensed by OJK Indonesia as digital financing platform based on technology. Our technology-based approach enables borrowers to receive loans for the first time or at lower than market rates, while lenders will earn returns well above that of bank deposits, traditional fixed income products, and life insurance investment-linked products. Modalku operates in 5 countries: Indonesia, Singapore, Malaysia, Thailand & Vietnam. Established in 2016, Modalku is the pioneer of digital lending platforms in Indonesia. It connects Micro, Small, and Medium-Sized Enterprises (MSMEs) with individual & institutional lenders. On 2018, Modalku wins Micro Enterprise Fintech Innovation Challenge from United Nations (UNCDF - UN Pulse Lab) & became the only Fintech lending platform in South East Asia to received international award from KPMG. On 2020, Modalku also received an award from Iconomics as Indonesia's Most Popular Digital Financial Brands. On 2022, Modalku Group (Funding Societies) also received Global SME Finance Award 2022 as Responsible Digital Innovator of the Year by International Finance Corporation - World Bank Group.