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Paper

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A free invoicing, payment, accounting, and inventory app for SMEs

Jakarta, IndonesiaFounded 2016Fintech
Valuation $50–100M Last recorded · 2022
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Paper and the history behind them.

About Paper

Paper.id is an Indonesian-based financial technology company that provides a comprehensive software-as-a-service (SaaS) platform for small and medium-sized enterprises (SMEs). The company's core offering is a one-stop solution for businesses to manage their financial operations, including invoicing, payment processing, accounting, and inventory management. Paper.id's platform is designed to digitize and automate previously manual processes, thereby improving efficiency and reducing the challenges associated with cash flow management for B2B transactions.

The business model is centered around providing these services to a large and growing market of Indonesian SMEs. The platform facilitates supply chain financing by streamlining the invoicing process and offering features like document tracking, automatic payment reconciliation, and QR-based payment options through partnerships with financial institutions like Bank Negara Indonesia. By addressing the specific needs of the B2B sector, Paper.id helps its clients, such as restaurant suppliers, manage their accounts receivable and payable more effectively.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
Jakarta, Indonesia
Sector
Fintech
Power Law
Colt$25–100M revenue

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A12 investors entered at this stage

  • Modalku
  • Golden Gate Ventures
  • DAAL
  • Redbadge Pacific
  • Living Lab Ventures
  • Skystar Capital
  • Sinar Mas Land
  • Argor Capital Management
  • BM Capital
  • Square Peg Capital
  • SMBC Asia Rising Fund
  • Incubate Fund

Series B and later9 investors entered at this stage

  • Incubate Fund
  • Skystar Capital
  • BM Capital
  • Square Peg Capital
  • Redbadge Pacific
  • SMBC Asia Rising Fund
  • Living Lab Ventures
  • Sinar Mas Land
  • Argor Capital Management
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇮🇩 Indonesia97.4%
🇸🇬 Singapore0.5%
🇦🇺 Australia0.5%
🇲🇾 Malaysia0.5%
🇹🇼 Taiwan0.5%
Top 5 of 6 shown
Web traffic by country
560K monthly visits
across markets
🇮🇩 Indonesia88.3%
🇸🇬 Singapore7.5%
🇺🇸 United States1.3%
🇹🇷 Turkey0.9%
🇰🇭 Cambodia0.4%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Paper on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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