# Ringkas: Financial services, Jakarta, Indonesia

> Ringkas: Ringkas, officially known as PT Ringkas Asia Technology, is an Indonesian digital mortgage platform founded in early 2022. Based in Jakarta, Indonesia.

Source: https://millionrounds.com/startup/ringkas (Millionrounds; every figure on the page links to its filing or article)

Indonesia · [Financial services startup](https://millionrounds.com/companies)

# Ringkas

Ringkas, officially known as PT Ringkas Asia Technology, is an Indonesian digital mortgage platform founded in early 2022.

Funding reported Last round: Seed

Financial services Jakarta, Indonesia

Company summary

- **Founded:** 2022 4 years old
- **Team:** 83 51 to 200 people
- **Funding reported:** 5.8M as listed, currency not stated
- **Last round:** Seed May 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ringkas has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Ringkas

Ringkas, officially known as PT Ringkas Asia Technology, is an Indonesian digital mortgage platform founded in early 2022.

Based in Jakarta, the company aims to democratize homeownership by simplifying and accelerating the mortgage process. As a financial technology (FinTech) provider, Ringkas utilizes embedded AI to instantly pre-qualify customers and connect home seekers with banks and financial institutions. The platform offers a range of services, including instant pre-qualification, multi-bank mortgage applications, and various mortgage products such as KPR Primary and KPR Secondary. Ringkas also provides digital infrastructure tools for e-KYC and automated credit checks, along with loan estimation calculators. Targeting home seekers, property developers, and financial institutions, Ringkas enhances the mortgage experience for all parties involved. With plans for expansion across Southeast Asia, the company is positioned to make a significant impact in the region's mortgage digitization landscape.

## What company datasets say Ringkas raised

Funding, as reported

Reported in all **5.8M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **5.1M**

Last round date **May 2023**

Investors listed **9**

## Founders and team

From Ringkas's own website: 4 founders.

**Ilya Krastov** Co-Founder

**Ilya Kravtsov** Co-Founder of Ringkas

**Leroy Pinto** Co-Founder

**Yoko Simon** Co-Founder

## On 2 portfolio pages

Investors who name them

- [Orvel Ventures](https://millionrounds.com/fund/orvel-ventures)
- [Init 6](https://millionrounds.com/fund/init-6)

Each firm lists Ringkas on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

home finance journey fintech ecosystem sharia kpr customer pipeline management real-time tracking housing supply digital platform application data management budget calculations financial institutions mortgage rejection reduction loan approval automation regional expansion reserve fintech platform kpr mortgage calculation

Built with from their website

Google Tag Manager Amazon CloudFront WordPress.org HREF Lang PWA Tailwind CSS YouTube Google Workspace Viewport Meta Site Kit

+8 more

Babel Facebook SDK Amazon S3 OpenAI AI Google Meet Priority Hints React

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 522310, 519290
- **Region:** Jakarta
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/ringkas)

## Financial services in Indonesia

Startups like it

- [**KoinWorks** South Jakarta · founded 2016 *Raised*](https://millionrounds.com/company/koinworks)
- [**Akseleran** founded 2016 *Raised*](https://millionrounds.com/company/akseleran)
- [**UangTeman** South Jakarta · founded 2014 *Raised*](https://millionrounds.com/company/uangteman)
- [**JULO** founded 2016 *Raised*](https://millionrounds.com/company/julo)
- [**CROWDE** founded 2015 *Raised*](https://millionrounds.com/company/crowde)
- [**Moduit Digital Indonesia** founded 2018](https://millionrounds.com/startup/moduit-digital-indonesia)
- [**FinAccel** Jakarta · founded 2016](https://millionrounds.com/startup/finaccel-2)
- [**Investree** South Jakarta · founded 2015](https://millionrounds.com/startup/investree)

## Is this your company?

Add your raise, your deck and your story, and put Ringkas in front of investors. Or tell us what we have wrong.

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