{"id":5810,"date":"2025-05-27T00:00:00","date_gmt":"2025-05-26T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5810"},"modified":"2025-05-25T14:32:08","modified_gmt":"2025-05-25T06:32:08","slug":"ringkas-raises-us5-1m-pre-series-a-to-fix-broken-mortgage-systems-and-help-more-southeast-asians-unlock-the-dream-of-owning-a-home-markup-1180","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5810","title":{"rendered":"Ringkas raises US$5.1M pre-Series A to fix broken mortgage systems and help more Southeast Asians unlock the dream of owning a home | Markup #1180"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXeFuY8gi_-FepnmHAfBJqEg1MT74CBlfKdgJGY6BMzc__OjZ5R-ehXuXigHEqcUDrcQpbFBS9Pq8p4pYjADXijGlm7_-HTljhmNlwfmTJovvidOlCrctFK6SSxOpOxAEw7BXhUZ?key=NMBD7L8QLIX7c7fqB9lNIQ\" alt=\"\" style=\"width:503px;height:auto\"\/><figcaption class=\"wp-element-caption\">Photo credit: Ringkas<\/figcaption><\/figure>\n<\/div>\n\n\n<p><strong>New House Rules<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For many families in Indonesia, owning a home can feel out of reach. Not only is there a shortage of houses, but the country\u2019s financing systems are complex, confusing, and difficult to navigate.<\/li>\n\n\n\n<li>Helping to turn these pipe dreams into reality is 500-backed proptech company <a href=\"https:\/\/ringkas.co.id\/\">Ringkas<\/a>, which just raised US$5.1M to enhance their AI-powered financing tools and accelerate their expansion in Southeast Asia, starting with a major push in Indonesia.<\/li>\n\n\n\n<li>The team offers pre-approved mortgage offers, refinancing options, and real-time financial advice \u2014 all delivered through the same platforms people already use to search for homes.<\/li>\n\n\n\n<li>Since launching in 2022, Ringkas has partnered with 29 banks, collaborated with over 150 property developers, and has served users across 47 cities.<\/li>\n\n\n\n<li>\u201cOur mission is to build a seamless, AI-driven financial infrastructure platform that embeds into the everyday digital lives of Southeast Asians,\u201d shared Co-founder <a href=\"https:\/\/www.linkedin.com\/in\/ilya-kravtsov-0108124\/\">Ilya Kravtsov<\/a>. \u201cThis investment helps us move faster in making mortgage finance more accessible while beginning to lay the groundwork for future AI capabilities and broader financial inclusion.\u201d<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/43GyTRz\">KrAsia<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>New House Rules<\/p>\n","protected":false},"author":5,"featured_media":5811,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[527],"class_list":["post-5810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-ringkas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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