No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

Pintarnya raises $16.7M to power jobs and financial services in Indonesia

by TheAdviserMagazine
2 months ago
in Startups
Reading Time: 4 mins read
A A
Pintarnya raises .7M to power jobs and financial services in Indonesia
Share on FacebookShare on TwitterShare on LInkedIn


Pintarnya, an Indonesian employment platform that goes beyond job matching by offering financial services along with full-time and side-gig opportunities, said it has raised a $16.7 million Series A round.

The funding was led by Square Peg with participation from existing investors Vertex Venture Southeast Asia & India and East Ventures.

Ghirish Pokardas, Nelly Nurmalasari, and Henry Hendrawan founded Pintarnya in 2022 to tackle two of the biggest challenges Indonesians face daily: earning enough and borrowing responsibly.

“Traditionally, mass workers in Indonesia find jobs offline through job fairs or word of mouth, with employers buried in paper applications and candidates rarely hearing back. For borrowing, their options are often limited to family/friend or predatory lenders with harsh collection practices,” Henry Hendrawan, co-founder of Pintarnya, told TechCrunch. “We digitize job matching with AI to make hiring faster and we provide workers with safer, healthier lending options — designed around what they can reasonably afford, rather than pushing them deeper into debt.”

Around 59% of Indonesia’s 150 million workforce is employed in the informal sector, highlighting the difficulties these workers encounter in accessing formal financial services because they lack verifiable income and official employment documentation.

Pintarnya tackles this challenge by partnering with asset-backed lenders to offer secured loans, using collateral such as gold, electronics, or vehicles, Hendrawan added.

Since its seed funding in 2022, the platform currently serves over 10 million job seeker users and 40,000 employers nationwide. Its revenue has increased almost fivefold year-over-year and expects to reach break-even by the end of the year, Hendrawn noted. Pintarnya primarily serves users aged 21 to 40, most of whom have a high school education or a diploma below university level. The startup aims to focus on this underserved segment, given the large population of blue-collar and informal workers in Indonesia.

Techcrunch event

San Francisco
|
October 27-29, 2025

“Through the journey of building employment services, we discovered that our users needed more than just jobs — they needed access to financial services that traditional banks couldn’t provide,” said Hendrawan. “We digitize job matching with AI to make hiring faster and we provide workers with safer, healthier lending options — designed around what they can reasonably afford, rather than pushing them deeper into debt.”

image credits: Pintarnya (Founders of Pintarnya Ghirish Pokardas, Nelly Nurmalasari, and Henry Hendrawan)

While Indonesia already has job platforms like JobStreet, Kalibrr, and Glints, these primarily cater to white-collar roles, which represent only a small portion of the workforce, according to Hendrawan. Pintarnya’s platform is designed specifically for blue-collar workers, offering tailored experiences such as quick-apply options for walk-in interviews, affordable e-learning on relevant skills, in-app opportunities for supplemental income, and seamless connections to financial services like loans.

The same trend is evident in Indonesia’s fintech sector, which similarly caters to white-collar or upper-middle-class consumers. Conventional credit scoring models for loans, which rely on steady monthly income and bank account activity, often leave blue-collar workers overlooked by existing fintech providers, Hendrawan explained.

When asked about which fintech services are most in demand, Hendrawan mentioned, “Given their employment status, lending is the most in-demand financial service for Pintarnya’s users today. We are planning to ‘graduate’ them to micro-savings and investments down the road through innovative products with our partners.”

The new funding will enable Pintarnya to strengthen its platform technology and broaden its financial service offerings through strategic partnerships. With most Indonesian workers employed in blue-collar and informal sectors, the co-founders see substantial growth opportunities in the local market. Leveraging their extensive experience in managing businesses across Southeast Asia, they are also open to exploring regional expansion when the timing is right.

“Our vision is for Pintarnya to be the everyday companion that empowers Indonesians to not only make ends meet today, but also plan, grow, and upgrade their lives tomorrow … In five years, we see Pintarnya as the go-to super app for Indonesia’s workers, not just for earning income, but as a trusted partner throughout their life journey,” Hendrawan said. “We want to be the first stop when someone is looking for work, a place that helps them upgrade their skills, and a reliable guide as they make financial decisions.”



Source link

Tags: 16.7MfinancialIndonesiaJobsPintarnyaPowerRaisesservices
ShareTweetShare
Previous Post

GOP lawmakers push for tariffs tailored to help home-state firms

Next Post

Where Will Netflix Be in 5 Years?

Related Posts

edit post
Doctronic Raises M to Make Primary Care Instantly Accessible Through AI-Powered Medical Consultations – AlleyWatch

Doctronic Raises $20M to Make Primary Care Instantly Accessible Through AI-Powered Medical Consultations – AlleyWatch

by TheAdviserMagazine
October 22, 2025
0

The U.S. healthcare system faces a critical access crisis: Americans wait an average of three weeks to see a primary...

edit post
Open source agentic startup LangChain hits .25B valuation

Open source agentic startup LangChain hits $1.25B valuation

by TheAdviserMagazine
October 21, 2025
0

LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the...

edit post
The full Disrupt Stage revealed: Where the future of tech breaks first | TechCrunch

The full Disrupt Stage revealed: Where the future of tech breaks first | TechCrunch

by TheAdviserMagazine
October 21, 2025
0

The Disrupt Stage, only at TechCrunch Disrupt 2025, is where tech’s biggest bets get made, live and unfiltered. It’s where startup dreams turn into $100,000 prizes...

edit post
Germany’s Enpal secures €700M ABS facility with M&G for residential solar and heating loans

Germany’s Enpal secures €700M ABS facility with M&G for residential solar and heating loans

by TheAdviserMagazine
October 21, 2025
0

|October 21, 2025|Last update:October 21, 2025 Berlin-based Enpal partners with M&G in a €700M deal to make solar panels and...

edit post
Zurich’s Chipmind emerges from stealth with €2M to bring AI agents to chip design

Zurich’s Chipmind emerges from stealth with €2M to bring AI agents to chip design

by TheAdviserMagazine
October 21, 2025
0

Chipmind, a Zurich-based startup creating AI tools to improve microchip development, has launched after a period of stealth.ContentlockrZurich-based Chipmind, a...

edit post
Reimagining Wealth: A One-Page Plan

Reimagining Wealth: A One-Page Plan

by TheAdviserMagazine
October 21, 2025
0

This is an excerpt from YOUR MONEY: Reimagining Wealth in 101 Simple Sketches by Carl Richards. Every month, I get...

Next Post
edit post
Where Will Netflix Be in 5 Years?

Where Will Netflix Be in 5 Years?

edit post
Stock market today: Dow eyes fresh highs as Nvidia to report

Stock market today: Dow eyes fresh highs as Nvidia to report

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Takeda Pharmaceutical Company (TAK) Signs a Research Partnership with Nabla Bio

Takeda Pharmaceutical Company (TAK) Signs a Research Partnership with Nabla Bio

0
edit post
Is the Internet Dead? – Banyan Hill Publishing

Is the Internet Dead? – Banyan Hill Publishing

0
edit post
Netflix’s blockbuster run loses spark amid valuation jitters

Netflix’s blockbuster run loses spark amid valuation jitters

0
edit post
LDI in Frontier Markets: Building Resilience, the Nigeria Case Study

LDI in Frontier Markets: Building Resilience, the Nigeria Case Study

0
edit post
Swiss Man Imprisoned For Saying Skeletons Cannot Be Transgendered

Swiss Man Imprisoned For Saying Skeletons Cannot Be Transgendered

0
edit post
Coinbase Buys M Cobie’s NFT To Revive ‘Up Only’ Podcast

Coinbase Buys $25M Cobie’s NFT To Revive ‘Up Only’ Podcast

0
edit post
Is the Internet Dead? – Banyan Hill Publishing

Is the Internet Dead? – Banyan Hill Publishing

October 22, 2025
edit post
LDI in Frontier Markets: Building Resilience, the Nigeria Case Study

LDI in Frontier Markets: Building Resilience, the Nigeria Case Study

October 22, 2025
edit post
Pegasystems signals accelerating Pega Cloud momentum with ACV growth and partner-driven AI innovation (NASDAQ:PEGA)

Pegasystems signals accelerating Pega Cloud momentum with ACV growth and partner-driven AI innovation (NASDAQ:PEGA)

October 22, 2025
edit post
Netflix’s blockbuster run loses spark amid valuation jitters

Netflix’s blockbuster run loses spark amid valuation jitters

October 22, 2025
edit post
Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

October 22, 2025
edit post
Surreal Estate: How Hauntings Affect Home Sales

Surreal Estate: How Hauntings Affect Home Sales

October 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Is the Internet Dead? – Banyan Hill Publishing
  • LDI in Frontier Markets: Building Resilience, the Nigeria Case Study
  • Pegasystems signals accelerating Pega Cloud momentum with ACV growth and partner-driven AI innovation (NASDAQ:PEGA)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.