BukuWarung
BukuWarung is a fintech company based in Jakarta, Indonesia, focusing on providing digital infrastructure to empower MSMEs with services like bookkeeping, online storefronts, and payments.
Company Overview
BukuWarung is a fintech company located in Jakarta, Indonesia. Launched in 2020, the company focuses on empowering 60 million micro, small, and medium enterprises (MSMEs) in Indonesia by providing digital infrastructure. BukuWarung operates primarily in the payments sub-industry and has a team size of 250 employees. The company offers vital services including bookkeeping, online storefronts, and payment solutions, catering to markets in Indonesia, Southeast Asia, and providing remote services.
Funding and Investors
BukuWarung has raised $80 million from top-tier venture capitalists globally. Notable investors include Peter Thiel's Valar Ventures, Goodwater Capital, and Y-Combinator. The company's participation in Y-Combinator's S20 batch has been a significant milestone in their journey. This robust backing underscores the market potential and growth ambitions of BukuWarung in the fintech landscape.
Services Offered
BukuWarung offers a suite of services aimed at empowering MSMEs in Indonesia. These services include bookkeeping, helping businesses maintain accurate financial records; online storefronts, which enable businesses to establish an e-commerce presence; and payment solutions, facilitating smooth financial transactions. These offerings are designed to build a comprehensive digital infrastructure for small business owners.
Regions Served
BukuWarung primarily serves the Indonesian market but extends its services across Southeast Asia. The company also offers remote and partly remote services, broadening its reach and impact. This regional focus helps BukuWarung address specific market needs while also scaling its digital solutions beyond national borders.
Y-Combinator Involvement
BukuWarung was part of the Y-Combinator's S20 batch, which provided a significant platform for growth and visibility. Y-Combinator is a renowned startup accelerator program that has supported many successful startups globally. Being part of this batch has helped BukuWarung leverage valuable mentorship, resources, and networking opportunities.