East Ventures on Instagram: "Komunal (@komunal.id), the first fintech company to digitize BPR in accelerating financial inclusion in Indonesia's tier 2 and tier 3 cities, has successfully secured US$ 8.5 million of funding led by East Ventures. Congratulations, Komunal! 🙌 In 2022, Komunal has channeled US$ 230 million (equivalent to IDR 3.6 billion) worth of deposits and loans to local BPRs and MSMEs. Since its launch, over 220 BPRs (rural banks) in Indonesia have joined the DepositoBPR by Komunal. The fresh funds will further accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia. "As the early supporter of Komunal, we have witnessed the growth and many achievements of Komunal. We believe in the resilience and innovation that Hendry and the team have and will continue to present, which will further accelerate digitalization in the financial sector," expressed Willson Cuaca (@willsoncuaca), Co-Founder and Managing Partner of East Ventures. Read the complete insight on the funding at east.vc/ev-komunal #EastVentures #Komunal #EastVenturesPortfolio"