Pintu is a cryptocurrency trading app launched in April 2020 that markets itself as Indonesia’s leading homegrown crypto assets platform, focused on first-time investors — primarily Gen Z and millennials. The app offers spot trading in over 66 tokens, Pintu Staking for its Pintu Token, and Pintu Earn which advertises up to a 15% APY paid hourly with no lock-up and instant top-ups/withdrawals. It includes educational features such as Pintu Academy and runs active community channels (790,000 members across Telegram, Discord, Instagram and TikTok). Pintu is registered and licensed by Indonesia’s Commodity Futures Trading Regulatory Agency (Bappepti). The company reports over four million app installs (up from 500,000 in May 2021) and doubled its team to about 200 in 2021. It plans to use new funding to add more tokens and supported blockchains, expand products and Pintu Academy, and increase hiring. Pintu is an Indonesian crypto assets platform and licensed broker (BAPPEBTI) that offers trades on 16 cryptocurrencies and has a low minimum investment of 11,000 IDR. The app emphasizes education for first-time investors through features like Pintu Academy and prioritizes accessibility for deposits and withdrawals. In the first half of 2021 Pintu reported 3.5x growth in app downloads and a 4x increase in active traders, driven in part by increased retail interest in crypto. The company plans to add more coins, including NFT tokens, and is selective about listings based on market cap, longevity and liquidity. Pintu is preparing new features such as Pintu Earn (an interest-bearing crypto account) and e-wallet integration, and intends to pursue aggressive hiring to support product development. It plans to focus on expanding within Indonesia before entering other Southeast Asian markets. Pintu operates a mobile-first cryptocurrency trading app designed to reach mass-market, first-time crypto users with an easy user experience and educational materials. The company is a licensed cryptoassets broker, registered under Indonesia’s Bappebti and the Ministry of Communication and Informatics. Pintu was founded last year by Jeth Soetoyo and is led operationally by COO Andrew Adjiputro. The team says many Indonesian retail traders view crypto as a top asset class and that retail users are primarily aged 20–35. Pintu estimates Indonesia processed about $10 billion in cryptoasset transactions last year, mostly through retail investors. The new funding will be used for marketing, hiring and product development.

Total raised

$154M

Funding rounds

3

Latest round

Series B

Latest activity

Jun 2022