CrediBook

Emerging

"Faire for Indonesia" B2B supply chain marketplace connecting 745K+ wholesalers and retailers with digital ordering and credit tracking; $10.1M raised achieving $15M ARR with 37.5x GMV growth.

Updated March 2026

Company Overview

About CrediBook

CrediBook is a Jakarta-based supply chain digitization platform connecting Indonesian wholesalers and retailers through an online B2B marketplace and integrated bookkeeping system — enabling the traditional wholesale-to-retail distribution channel that serves Indonesia's millions of warung (small neighborhood shops) to operate digitally with online ordering, credit management, and digital record-keeping. A Y Combinator Winter 2022 graduate described as "Faire for Indonesia," CrediBook raised $10.1 million total including an $8.1 million Series A led by Monk's Hill Ventures, serving 745,000+ users including 60,000+ active wholesalers and retailers, achieving $15 million in annual revenue.

Business Model & Competitive Advantage

CrediBook's bookkeeping app (its initial product) allowed small business owners to replace handwritten ledgers with digital records of sales, expenses, and customer credit — solving the record-keeping pain point for micro-entrepreneurs who extend credit to regular customers but struggle to track who owes what. The marketplace layer built on this: wholesalers could list products for digital ordering, retailers could browse and order from multiple suppliers in one app, and the integrated credit tracking manages the buy-now-pay-later relationships that are normal in traditional Indonesian wholesale commerce.

Competitive Landscape 2025–2026

In 2025, CrediBook competes in the Indonesian B2B commerce and distribution technology market with GudangAda (B2B marketplace for FMCG goods), Ula (B2B commerce for warung owners, backed by Sequoia and Lightspeed), and Bukukas (bookkeeping for SMEs, merged with Tokobook) for the digitization of Indonesia's traditional trade and retail supply chain. Indonesia's fast-moving consumer goods distribution relies heavily on multi-tier wholesale networks that connect national manufacturers through regional distributors to millions of micro-retailers — digitizing this supply chain creates significant efficiency and credit access improvements. Monk's Hill Ventures' Series A reflects conviction in CrediBook's Indonesian market position. The 2025 strategy focuses on growing the active wholesaler base, deepening the trade financing features that fund inventory purchases, and expanding to additional product categories beyond the initial FMCG focus.

Revenue
$10.1M
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Key Differentiators

Emerging Innovator

CrediBook is an emerging player bringing innovative solutions to the E-commerce market.

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