KOSPIN Serba Mulia

What KOSPIN Serba Mulia does

KOSPIN Serba Mulia (legal name: Koperasi Simpan Pinjam Serba Mulia Sukses) is an Indonesian savings and loan cooperative (Koperasi Simpan Pinjam) headquartered in the Kirana Three Office Tower, 15th Floor, Kelapa Gading, Jakarta Utara. It was established in February 2015 under the name Koperasi Simpan Pinjam Mulia Artha Solusi and rebranded to its current name in November 2018 following an Extraordinary Members Meeting. The cooperative is registered with the Indonesian Ministry of Cooperatives, Micro, Small and Medium Enterprises and is led by Rieska Suryani, who brings prior banking industry experience. The firm operates as a member-owned cooperative with no external equity investors and a staff of approximately 8 employees.

The cooperative's product suite centers on a primary daily savings account (Tabungan Harian) that serves as the gateway to other products, complemented by time-based savings instruments (Tabungan Siujang with auto-debit mechanics over 1-10 year terms at 3% p.a., and Lumbung Mulia fixed-term deposits at 1-24 month tenors yielding 2.75-6.25% p.a.) and employee-focused loan products (MAYAN multi-purpose loans at 18% effective p.a. and GRIYAKU home ownership loans at 15% effective p.a., plus a regionally limited Kredit Sepeda Motor motorcycle loan). Revenue is generated from the interest spread between yields on the loan portfolio and rates paid on deposits, supplemented by fee-based services including bill payment for BPJS kesehatan, electricity, and telephone. The technology is described as a 'digital cooperative platform with latest technology infrastructure' supporting online account management, but no specific AI capabilities, APIs, or proprietary technology components are disclosed.

Distribution is primarily direct-to-member via the Jakarta headquarters and a claimed nationwide service network, with regional concentration of the motorcycle loan product in DKI Jakarta, Banten, Jawa Barat, Sumatra, and Kepulauan Riau. Customer acquisition is supported by social media presence (Facebook, Twitter, Instagram), a corporate website with savings calculator simulations, email newsletter subscription, and direct customer consultation via callback requests. The cooperative claims nationwide coverage but provides no public financial statements, member counts, or loan portfolio disclosures, limiting external visibility into scale and growth.

Name

KOSPIN Serba Mulia

Legal name

Koperasi Simpan Pinjam Serba Mulia Sukses

Website

https://kspserbamulia.co.id

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

KOSPIN Serba Mulia is an Indonesian savings and loan cooperative headquartered in Jakarta, offering daily savings, time deposits, and employee loans (multi-purpose, home ownership, motorcycle) to retail members across Indonesia. It earns revenue from interest spreads on its loan portfolio and fees on bill payment services.

Ownership category

akta.pro rank

Product category

Cooperative Savings and Loan Services

NAICS

Credit Unions (522130), Credit Unions (52213), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro industry

PRIMARYFSABAEAC

Community Development Credit Unions (CDCUs)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Community & Cooperative Banking (Credit Unions, Mutuals)

Keywords

• Savings and loan cooperative
• Employee loan products
• Term deposit services
• Bill payment services
• Member-owned cooperative

Headquarters

HQ city

Jakarta Utara

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Interest Income from Loans: KOSPIN Serba Mulia generates revenue primarily through interest income on employee loans (Pinjaman Karyawan) including MAYAN (multiguna) and GRIYAKU (home ownership) products.
2. Interest Spread on Savings Products: Revenue generated from the spread between interest paid to depositors on savings products (Tabungan Harian, Tabungan Siujang, Lumbung Mulia) and returns on loan portfolio.
3. Fee-based Services: Revenue from bill payment services including BPJS kesehatan, electricity bills, and telephone payments for general public.

Pricing tiers

Distribution channels2 records

Marketing channels4 records

Core offering

KOSPIN Serba Mulia is a savings and loan cooperative (Koperasi Simpan Pinjam) that provides member financial services including daily savings accounts, time-based savings with auto-debit, fixed-term deposits, multi-purpose employee loans, home ownership loans, and motorcycle credit, along with bill payment services for BPJS, electricity, and telephone. The cooperative is registered with the Indonesian Ministry of Cooperatives and operates with a digital platform supporting online account management.

Product overview

KOSPIN Serba Mulia is a savings and loan cooperative (Koperasi Simpan Pinjam) offering a unified suite of financial products centered on savings deposits and employee lending. The core product is Tabungan Harian (Daily Savings), which serves as the primary account for members. This is complemented by time-based savings products including Tabungan Siujang (auto-debit savings with 1-10 year terms) and Lumbung Mulia (fixed-term deposits with 1-24 month tenors). On the lending side, the company offers employee-specific loans through PRODUK MAYAN for multi-purpose needs and PRODUK GRIYAKU for home ownership, plus Kredit Sepeda Motor for motorcycle purchases. All products are integrated through the Tabungan Harian account which serves as the funding source and membership gateway.

Differentiator

Problem solved

Functional benefit

Products and services

• Tabungan Harian Daily savings product serving as the primary savings account for KOSPIN Serba Mulia members. Acts as the source of funds for other KOSPIN products. Interest rates are tiered based on balance (0.50% to 2.50% p.a.), with a minimum initial deposit of Rp 250,000 and a Rp 5,000 monthly administration fee. Targeted at members who need a core savings account.
• Tabungan Siujang Time-based savings product with auto-debit system where funds are automatically transferred monthly from the primary savings account to a fixed-term account over a specified period of 1 to 10 years. Target savings from IDR 5 million, with 3% p.a. fixed interest, early withdrawal penalty of 1% of balance, auto-close fee of Rp 50,000, and 10% final tax. Designed for members seeking systematic savings discipline.
• Lumbung Mulia Fixed-term deposit product in Indonesian Rupiah with competitive returns, available in tenors of 1, 3, 6, 12, or 24 months, with monthly interest payments and automatic roll-over options. Interest rates vary by amount and term (e.g., 20 million: 2.75% to 4%; 1 billion: 4.25% to 6.25%). Minimum placement: Rp 20 million. Final tax: 10%. Targeted at members seeking higher yield time deposits.
• PRODUK MAYAN (Multiguna) Multi-purpose credit facility for permanent employees with at least 1 year of service, offering loans up to 35% of take-home pay multiplied by loan tenor. Interest rate of 18% effective p.a., tenors from 6 to 60 months. Provisi fee: 1%, admin fee: Rp 100,000. Applications above Rp 50 million require collateral. Targeted at employees needing flexible personal financing.
• PRODUK GRIYAKU (Kepemilikan Rumah) Home ownership credit facility for purchasing houses, apartments, or villas (new or second-hand), with internal appraisal value up to 80%. Interest rate of 15% effective p.a., loan tenors up to 120 months. Provisi fee: 1%, admin fee: Rp 100,000. Includes life and fire insurance. Targeted at members seeking home ownership financing.
• Kredit Sepeda Motor Motorcycle credit facility exclusively for employees, available in DKI Jakarta, Banten, Jawa Barat, Sumatra, and Kepulauan Riau regions. Targeted at employees seeking financing for motorcycle purchases in select Indonesian regions.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Akulaku: Indonesian and Southeast Asian fintech platform offering consumer credit, virtual credit cards, and installment lending to employees and underserved consumers. Comparable to KOSPIN's multi-purpose employee lending, with overlapping customer segments but a digital marketplace model rather than cooperative structure.
• Jenius (Bank BTPN digital): Digital banking service from Bank BTPN offering savings, payments, and lending to Indonesian employees and millennials. Comparable to KOSPIN's digital service platform and Tabungan Harian savings product, but with a fully app-based delivery model and broader bill payment integration.
• Tunaiku (Bank Amar Indonesia): Indonesian digital lending fintech offering uncollateralized personal loans to salaried employees and small businesses. Comparable to KOSPIN's MAYAN multiguna loan product with similar employee-focused unsecured lending, though delivered through a fully digital mobile-first platform.
• KoinWorks: Indonesian fintech lending platform offering personal loans, SME financing, and P2P credit products. Comparable to KOSPIN in offering employee/salaried consumer credit, but operates as a digital P2P lender with different funding mechanics and broader nationwide reach through mobile channels.

Broad incumbents

• Pegadaian: Indonesia's state-owned pawnshop and inclusive finance provider serving employees and small borrowers with savings, microcredit, and pawn products. Comparable to KOSPIN in targeting the underbanked employee segment with accessible credit and savings products, though with a much larger branch network and broader product suite.
• Bank BRI (Bank Rakyat Indonesia): Indonesia's largest microfinance bank, serving millions of small depositors, employees, and micro-entrepreneurs through an extensive branch network. Comparable to KOSPIN's inclusive savings-and-loan model targeting retail and employee segments, though at a national scale with far broader product offerings.
• Bank BTPN: Indonesian bank specializing in financial services for the unbanked and underbanked, including employee segments. Comparable to KOSPIN in serving similar employee/salaried customer profiles with savings and credit products, but operates as a regulated commercial bank with significantly larger scale.

Direct peers

• Adira Finance: Indonesian consumer finance company offering multi-purpose loans, vehicle financing (including motorcycles), and savings-adjacent products to salaried employees. Directly comparable to KOSPIN's MAYAN multiguna loan and Kredit Sepeda Motor products with similar employee-targeted lending and installment mechanisms.
• WOM Finance: Indonesian consumer finance company focused on motorcycle, multi-purpose, and used-car financing for salaried employees. Comparable to KOSPIN's Kredit Sepeda Motor and MAYAN employee loan products, with a similar employee-segment targeting and installment-based lending model.
• KSP Indosurya (CU family): Indonesian savings and loan cooperative (Koperasi Simpan Pinjam) operating in the same regulated cooperative category as KOSPIN Serba Mulia. Directly comparable as a peer cooperative financial institution offering member savings and loan products, though Indosurya was a much larger institution that subsequently faced regulatory and financial difficulties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/kspserbamulia
• Facebookfacebook.com/kospinserbamulia
• Instagraminstagram.com/kospinserbamulia
• LinkedInlinkedin.com/company/kospin-serba-mulia

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KOSPIN Serba Mulia