Indonesian fintech firm KoinWorks slashed losses, nearly tripled income in 2021

Indonesian fintech firm KoinWorks slashed losses, nearly tripled income in 2021

KoinWorks co-founders Benedicto Haryono (right) and Willy Arifin

Jakarta-based fintech firm KoinWorks reported a 43% drop in net loss for the financial year ended Dec 31, 2021, as its income nearly tripled, according to regulatory filings by its Singapore-registered parent company.