DanaRupiah 2023 Financial Results

We are pleased to announce that DanaRupiah has shared their 2023 financial results with us. 

Based on the financial statement provided for the year ended 31 December 2023, the company’s total operating income for 2023 was EUR 13.4m (IDR 221.5b), indicating 138% growth from 2022. 

DanaRupiah generated a net profit of EUR 13.7m (IDR 226.5b) for 2023. Their net loan portfolio size also shows consistent growth from EUR 33.7m (IDR 556.0b) at the end of 2022 to EUR 43.0m (IDR 734.2b) at the end of 2023.

Since one of the subsidiaries changed the presentation currency from SGD to IDR there might occur some differences of comparable period, due to different accounting treatment upon consolidation.

Since December 2021, DanaRupiah has been onboarded to the Income platform, and our investors have already invested over EUR 54.7m in loans originated by DanaRupiah earning EUR 1.1m.

Investing in loans originated by DanaRupiah yields up to 15% per annum, making it an attractive option for those looking to grow their investments.

You can find DanaRupiah FY2023 financial results here.