CrediBook, a bookkeeping app based in Indonesia, has raised USD8.1 million in a Series A funding round led by Monkʼs Hill Ventures with participation from existing investors such as Insignia Ventures Partners and Wavemaker Partners.
CrediBook is focused on digitalising small and medium enterprises (SMEs), primarily wholesalers, to manage and track their expenses, payables, and receivables and streamline the ordering process.
This round of funding will be used to accelerate CrediBookʼs nationwide expansion, product development, talent acquisition, supporting increasing product categories from wholesalers, and onboarding new wholesale partners.
