What is Moka?
Founded in 2015 and headquartered in Jakarta, Moka has established itself as a cornerstone of the Indonesian small and medium business ecosystem. By providing a sophisticated mobile point-of-sale (mPOS) platform, the company effectively bridges the gap between traditional retail operations and modern digital payment infrastructure. Moka's core value proposition lies in its ability to streamline transaction processing, inventory management, and business analytics for merchants who were previously underserved by legacy financial systems. As a leader in the regional fintech sector, Moka leverages its technological stack to drive digital transformation, ensuring that local enterprises remain competitive in an increasingly cashless market environment.
How much funding has Moka raised?
Moka has raised a total of $46.9M across 3 funding rounds:
Series A
$1.9M
Private Equity
$2M
Series B
$43M
Series A (2016): $1.9M with participation from Northstar Group, East Ventures, Convergence Ventures, Wavemaker Partners, and Fenox VC
Private Equity (2017): $2M led by Northstar Group, Fenox Venture Capital, Convergence Ventures, Mandiri Capital Indonesia, and East Ventures
Series B (2020): $43M supported by Hillhouse Capital (高瓴资本)
Key Investors in Moka
Northstar Group
A Singapore-headquartered private equity firm managing over US$2.2 billion in committed capital, focusing on growth-stage companies across Southeast Asia.
East Ventures
A prominent Southeast Asian venture capital firm recognized as one of the most active investors, supporting founders from Seed to Growth stages with a focus on ESG-driven impact.
Wavemaker Partners
A leading venture capital firm specializing in early-stage investments in Enterprise, Deep Tech, and Sustainability sectors with over US$400 million in committed capital.
What's next for Moka?
Following the latest major strategic investment, Moka is well-positioned to accelerate its product roadmap and expand its footprint within the competitive Southeast Asian fintech market. The company is expected to focus on deepening its integration with broader financial services, potentially exploring credit facilities and advanced merchant analytics to further entrench its platform within the daily operations of its user base. By maintaining a focus on enterprise-level scalability and operational efficiency, Moka is poised to navigate the complexities of the regional regulatory landscape while continuing to capture market share from traditional payment providers. The strategic backing received will likely facilitate further innovation in its mPOS ecosystem, ensuring long-term sustainability and continued value creation for its stakeholders.
See full Moka company page
