Amartha is an innovative peer-to-peer lending platform, connecting female entrepreneurs in rural areas facing difficulties in obtaining working capital, to a network of online lenders interested in making profitable, impactful investments. Amartha’s platform includes a self-learning algorithm which determines the risk level of borrowers without prior credit history, and automates key aspects of operations, including application process, data gathering, credit decision making and scoring, thus lowering operating costs. It also creates a credit history for the borrowers for future funding requests to banks or other financial institutions.
Location: Indonesia, Jakarta Special Capital Region
Total raised: $150M
Investors 2
Date | Name | Website |
- | Bamboo Cap... | bamboocp.c... |
- | Z Venture ... | zvc.vc |
Funding Rounds 2
Date | Series | Amount | Investors |
15.06.2023 | - | $100M | - |
24.02.2021 | - | $50M | - |
Mentions in press and media 13
Date | Title | Description | Source |
15.09.2023 | Deals in brief: Kasikornbank’s tech arm launches USD 100 mil... | At least seven funds, both public and private, launched across the Asia Pacific this week, highlight... | kr-asia.co... |
14.09.2023 | Deals in brief: IFC and Amartha collaborate to help finance ... | IFC partners with Amartha to support women-owned microenterprises in Indonesia The International Fi... | kr-asia.co... |
13.09.2023 | Indonesia’s Amartha, IFC to invest $206m in women-led MSMEs... | FintechInvestmentsNews Deepti Sri · 13 Sep 2023 · 1 min readIndonesia’s Amartha, IFC to invest $206... | techinasia... |
15.06.2023 | ID fintech firm Amartha raises $100m from US debt provider | FintechInvestmentsNews Gabriel Budi Sutrisno · 19 Jun 2023 · 2 min readID fintech firm Amartha rais... | techinasia... |
28.04.2022 | Indonesian women-focused bank posts 13% revenue jump in Q1 2... | FintechNews Aditya Hadi Pratama · 1d ago · 2 min readIndonesian women-focused bank posts 13% revenu... | techinasia... |
04.05.2021 | Indonesian P2P Lender Amartha Secures US$ 28 Million From Wo... | Amartha, a P2P lending platform in Indonesia, received new funding worth US$ 28 million (IDR 405 bil... | fintechnew... |
26.02.2021 | Amartha raises US$ 50M in debt financing | - | vcbay.news... |
24.02.2021 | P2P Lender Amartha Partners with Lendable, Receives $50 Mill... | PT Amartha Mikro Fintek a peer-to-peer lender that provides access to capital to micro and small ent... | crowdfundi... |
13.10.2017 | 10 Fast Growing FinTechs in Indonesia | IDC Financial Insights has unveiled a list of 10 fast growing fintechs in Indonesia, part of the bro... | fintechnew... |
18.09.2017 | Fintech Takes Off In Indonesia | Investment in fintech startups is set to hit a record hit in 2017 with an estimated 50 deals to clos... | fintechnew... |
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