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Ringkas has secured USD 5.1 million in a pre-Series A funding round, led by Flourish Ventures and Kadan Capital, to enhance its tech infrastructure and expand in Indonesia and Vietnam.

May 21, 2025about 2 months ago

Amount Raised

$5.1 Million

Round Type

PRE-SERIES A

JakartaLendingFintechFinance

Investors

Kadan CapitalFlourish Ventures

Description

Mortgage tech platform Ringkas has closed a USD 5.1 million pre-Series A funding round. The round was backed by Flourish Ventures, Kadan Capital, and other investors. Ringkas partners with developers and banks to offer embedded home financing. The funding will be used to scale infrastructure and increase R&D efforts in Vietnam.

Company Information

Company

Ringkas

Location

Jakarta, DKI Jakarta, Indonesia

About

Ringkas is a mission-driven platform committed to democratizing homeownership by making the process simpler, faster, and more accessible for everyone. Officially registered with the Financial Services Authority (OJK), a member of AFTECH Indonesia, and certified by the Ministry of Communication and Information (Kemkominfo), Ringkas ensures regulatory compliance and data security. The platform is also ISO 27001 certified, reflecting its dedication to high standards in information security as it empowers more people to achieve their dream of owning a home.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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