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Honest Bank
Building the future of finance for Asia
About Honest Bank
Honest.co.id is a financial technology startup operating in Indonesia. The company offers a credit line of up to Rp 100 million to its customers, who can apply for this service in just five minutes. The credit can be used both online and offline, at any location that accepts Mastercard credit cards, making it a versatile financial tool for customers in Indonesia and worldwide.
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The company charges a monthly administrative fee on the outstanding balance, capped at a maximum of Rp150,000 per month. This fee is only charged if the card is used, making it a cost-effective solution for customers who need a credit line but do not use it frequently.
In addition to its credit line service, Honest.co.id offers a range of discounts and promotions in partnership with various retailers and service providers. These include discounts at The Foodhall and Traveloka, savings at Alibaba.com, and free gifts at Lotte Mart.
The company's business model is based on earning revenues from the administrative fees charged on the outstanding balance. It also likely benefits from partnerships with retailers and service providers, who offer discounts and promotions to Honest.co.id customers.
Honest.co.id serves a broad market of consumers who need a flexible credit line. The company's offering is particularly appealing to customers who value flexibility in repayments and the ability to shop both online and offline.
Latest news
Press, funding announcements and product moves mentioning Honest Bank.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Oct 2025 | $40M | — | Mizuho | ↗ |
| LATE VCOther financing | Oct 2025 | $0 | — | Village Global · XYZ Venture Capital · Gilgamesh Ventures · SV Pacific Ventures | ↗ |
Growth signals
Latest recorded traffic for Honest Bank is 200K monthly website visits, up 66.7% over the last three months. Honest Bank's team declined 3.4% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A7 investors entered at this stage
Insignia Ventures
Alumni Ventures
Better Capital
XYZ Venture Capital
Orient
Rakuten Capital
Jetha Global
Series B and later3 investors entered at this stage
Mizuho
Gilgamesh Ventures
SV Pacific Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Honest Bank 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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