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RSS FeedsMeet BukuWarung, the bookkeeping app built for Indonesia`s 60 million “micro-merchants”
(WorldNews Indonesia)

 
 

2 july 2020 14:12:50

 
Meet BukuWarung, the bookkeeping app built for Indonesia`s 60 million “micro-merchants”
(WorldNews Indonesia)
 


In Indonesia, there are about 60 million “micro-merchants,” typically small store owners who sell food and other staple items, and have close relationships with their customers. Many often extend informal lines of credit to shoppers, but much of their financial tracking is still done with pen and paper ledgers. Chinmay Chauhan and Abhinay Peddisetty, the co-founders of BukuWarung, want to digitize the process with a financial platform designed especially for small Indonesian businesses. Their goal is to start with bookkeeping tools, before expanding into services including access to working capital. The startup is currently taking part in Y Combinator`s startup accelerator...


 
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