Crowdo
Crowdo is a Singapore-headquartered fintech platform offering equity crowdfunding, P2P lending, and embedded B2B finance for SMEs across Singapore, Indonesia, and Malaysia. It is licensed as a Recognized Market Operator by Malaysia's Securities Commission and registered with Indonesia's OJK.
- Company typePrivate
- Founded2013
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Crowdo does
Crowdo is a Singapore-headquartered regional fintech platform offering alternative financing and embedded B2B banking services to small and medium enterprises (SMEs) across Southeast Asia. Founded in 2013 and operating in Singapore, Indonesia, and Malaysia, the company is licensed by Malaysia's Securities Commission as a Recognized Market Operator (Equity Crowdfunding Platform) through Crowdo Malaysia Sdn Bhd, and is registered with Indonesia's Financial Services Authority (OJK) through its Singapore parent, Crowdonomic Media Pte Ltd. The platform reports over 38,000 members and 3,500+ funded projects across the three markets, with stated cumulative disbursements of US$73.8 million+ since its Series A round and a stated portfolio IRR of 20.0%.
The platform's technology stack is organized around three interlocking product lines: an Equity Funding Platform that enables SMEs and startups to raise capital from investors, a Peer-to-Business (P2B) Lending channel that connects lenders with SME borrowers, and an Embedded B2B Finance suite combining Innovate Credit Scoring analysis, business accounts with no monthly fees, and supply chain digitalization features. The Crowdo Connect mobile app extends investing access on the go, and the platform supports both English and Bahasa Indonesia localization. Distribution is anchored by the website (crowdo.com) and supplemented by organic social channels (Facebook, Twitter, LinkedIn, Instagram) and a corporate blog.
Revenue is generated primarily through transaction fees on equity crowdfunding placements and P2B loan facilitation, supplemented by a freemium recurring model on business account services. The go-to-market combines direct-to-consumer digital acquisition (website and mobile app self-serve onboarding) with a channel-led partnership with Malaysia's NIMP 2030 Strategic Co-Investment Fund (CoSIF), a government-backed matched-investment program. Target customer segments span SMEs, startups, women-led enterprises (via ESG-driven financing products), and Malaysian mid-tier companies in strategic manufacturing sectors aligned with NIMP 2030 priorities.
Crowdo firmographics
Firmographics- Name
- Crowdo
- Legal name
- Crowdo Malaysia Sdn Bhd
- Website
- https://crowdo.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Crowdo is a Singapore-headquartered fintech platform offering equity crowdfunding, P2P lending, and embedded B2B finance for SMEs across Singapore, Indonesia, and Malaysia. It is licensed as a Recognized Market Operator by Malaysia's Securities Commission and registered with Indonesia's OJK.
- Ownership category
- akta.pro rank
Crowdo industry classification
Industry- Product category
- SME Digital Lending Platform
- NAICS
- Other Financial Vehicles (525990)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- P2P Small Business / SME Marketplace Lending (FSAKAHAC)
- akta.pro secondary industry
- P2P Secured / Collateralized Lending (General) (FSAKAHAJ)
Keywords
Where Crowdo is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
Crowdo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Equity Crowdfunding Fees: Crowdo operates an equity crowdfunding platform where SMEs and startups raise capital in exchange for equity, with the platform earning fees from facilitating these transactions.
- Peer-to-Business (P2P) Lending: Crowdo facilitates peer-to-business lending, connecting investors with SMEs seeking financing, earning fees or spreads on loans disbursed.
- Business Account Services: Business account offerings with no monthly fees for SMEs, enabling various business transactions and financial services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | — | Business Account - No monthly fees |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Crowdo product offering
Product offeringCore offering
Crowdo operates a digital financial solutions platform offering equity crowdfunding and peer-to-business (P2P) lending that connects investors with SMEs in Emerging Asia. The platform also provides embedded B2B finance capabilities including supply chain digitalization tools and no-monthly-fee business accounts for SMEs. The service is delivered through a proprietary Neobank technology platform and licensed by the Securities Commission Malaysia and Indonesia's Financial Services Authority (OJK).
Product overview
Crowdo is a regional fintech platform offering alternative financing solutions across peer-to-business (P2P) lending, equity crowdfunding, and embedded B2B finance. The platform operates as a unified ecosystem consisting of: (1) the Equity Funding Platform for SMEs and startups, (2) the P2P Lending platform for peer-to-business financing, (3) Crowdo Connect mobile app for on-the-go investing, and (4) Embedded B2B Finance solutions including Supply Chain Digitalization and Business Account services. The company also partners with Malaysia's NIMP 2030 through the CoSIF co-investment program. Launched in 2013, Crowdo is licensed by Securities Commission Malaysia and Financial Services Authority Indonesia, serving markets in Singapore, Indonesia, and Malaysia.
Differentiator
Problem solved
Functional benefit
Products and services
- Equity Funding Platform Equity crowdfunding platform that enables SMEs and startups to raise capital in exchange for equity from a community of investors. The platform operates as a Recognized Market Operator (Equity Crowdfunding Platform) under Securities Commission Malaysia and is registered with Indonesia's OJK.
- Crowdo Connect Mobile App
- Peer-to-Business (P2P) Lending Platform Peer-to-business lending service that connects individual or institutional lenders with SMEs seeking working capital and growth financing. The platform facilitates loan disbursement and earns fees/spreads on loans originated.
- Embedded B2B Finance Suite
Quantifiable outcome
- 20.0% Portfolio Return (IRR)
- +3 more outcomes
Companies that use Crowdo
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Crowdo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Crowdo partnerships and signals
Strategic signalScale indicators11 records
Recent moves5 records
Expansion highlights5 records
Crowdo competitors and assessment
Company assessmentDirect peers
- Funding Societies (Modalku): Funding Societies (operating as Modalku in Indonesia) is a Singapore-headquartered P2P lending and equity crowdfunding platform serving SMEs across Singapore, Indonesia, and Malaysia. It is Crowdo's most direct regional competitor with overlapping product suite and geography.
- Validus Capital: Validus is a Singapore-licensed P2P lending platform providing working capital financing to SMEs, with operations spanning Singapore, Indonesia, and Vietnam. It competes directly with Crowdo for SME borrowers and retail/institutional lender capital across Southeast Asia.
- KoinWorks: KoinWorks is an Indonesia-focused P2P lending and embedded finance platform serving SMEs and individuals. It directly overlaps with Crowdo's Indonesian P2P lending and supply-chain digitalization offerings, supported by OJK registration.
- Amartha: Amartha is an Indonesian OJK-licensed P2P lending fintech focused on micro and SME financing, with a strong impact-investing angle. Its mission alignment with women borrowers and rural SMEs overlaps with Crowdo's ESG positioning and Indonesian footprint.
- Ethis Venture: Ethis operates a Shariah-compliant equity crowdfunding platform for impact SMEs across Indonesia and Malaysia. It overlaps with Crowdo's equity crowdfunding and ESG-driven SME financing, particularly in Islamic-finance-aligned segments.
- PitchIN: PitchIN is a Malaysian Securities Commission-registered equity crowdfunding platform serving SMEs. It competes head-to-head with Crowdo's Malaysian ECF operations for issuer and investor mindshare in the local market.
- Minterest: Minterest is a Singapore-based P2P lending platform focusing on Southeast Asian SME and consumer credit, with regional ambitions. Its Singapore base and SME focus place it in direct competition with Crowdo for retail lender capital.
Broad incumbents
- Funding Circle: Funding Circle is a globally established SME P2P lending platform founded in the UK and listed on the London Stock Exchange. While operating in different geographies, it is a benchmark incumbent that validates the SME P2P lending business model Crowdo is pursuing.
- LendingClub: LendingClub is a US-listed pioneering P2P lending marketplace. It serves as a broader incumbent reference point for online lending marketplace models, though focused on consumer rather than SME credit.
Emerging players
- Wecashier / Atome: Atome is a Singapore-headquartered digital financial services and embedded commerce platform expanding into SME financing across Southeast Asia. It represents an emerging competitor with broader fintech ambitions that intersect with Crowdo's embedded B2B finance vision.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Crowdo social profiles
Digital presenceCrowdo compliance and trust
Trust signalCompliance3 records
Crowdo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Crowdo leadership team
Management profileNumber of profiles
Profiles2 records
Crowdo funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Crowdo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Crowdo
What does Crowdo do?
Crowdo operates a digital financial solutions platform offering equity crowdfunding and peer-to-business (P2P) lending that connects investors with SMEs in Emerging Asia. The platform also provides embedded B2B finance capabilities including supply chain digitalization tools and no-monthly-fee business accounts for SMEs. The service is delivered through a proprietary Neobank technology platform and licensed by the Securities Commission Malaysia and Indonesia's Financial Services Authority (OJK).
Is Crowdo a public or private company?
Crowdo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Crowdo founded?
Crowdo was founded in 2013. It employs 11 to 50 people.
Where is Crowdo based?
Crowdo is headquartered in Singapore, Singapore, in the Asia region.
How does Crowdo make money?
Three revenue lines are on record. Equity Crowdfunding Fees are the primary driver. The others are peer-to-Business (P2P) Lending and business Account Services.
Who are Crowdo's main competitors?
Direct peers on record are Funding Societies (Modalku), Validus Capital, KoinWorks, Amartha, Ethis Venture, PitchIN and Minterest. Broad incumbents are Funding Circle and LendingClub. Wecashier / Atome is listed as an emerging player.
Does Crowdo have an API?
No public API is recorded for Crowdo.
What industry is Crowdo in?
Crowdo's product category is SME Digital Lending Platform. Its primary akta.pro industry code is FSAKAHAC, P2P Small Business / SME Marketplace Lending, with a secondary code of FSAKAHAJ, P2P Secured / Collateralized Lending (General). Its NAICS code is 525990 and its SIC code is 6153.