Lummo

Lummo is bringing Indonesian merchants and SME’s online through their digital accounting software. 91% of Indonesian SME’s still use paper-based bookkeeping and memory-based personal credit management. They have no possibility of accepting digital payments or recording their day-to-day financial transactions in a seamless and efficient manner. Lummo enables this functionality for them through their mobile application.

The solution is an all-encompassing ecosystem for sales and expense tracking, performance reporting, loan record functionality and general accounting with a vision to eventually become a full-stack digital bank for merchants. Through their application and broader company vision, Lummo is bringing a market of 50M SME’s into the 21st century and spearheading financial inclusion in Indonesia.