Cermati

Simplifying access to financial products for every Indonesian

Jakarta, Indonesia · Founded 2015 · $18.9M raised

Headquarters
Jakarta
Founded
2015
Business Model
B2C
Total Funding
$18.9M
Last Round
Series CMay 2021
Rounds
6

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 6 funding rounds and 4 investors for this company. The full record is or through the API.

About

Cermati (PT Agregasi Cermat Indonesia) is an Indonesian fintech platform founded in April 2015 by ex-Silicon Valley engineers that simplifies access to financial products including personal loans, credit cards, insurance, digital gold, mutual funds, and cryptocurrency. Operating as a licensed financial aggregator regulated by Indonesia's OJK (Otoritas Jasa Keuangan), Cermati allows consumers to compare, apply for, and manage financial products from hundreds of partner providers in one place. The platform also offers credit reporting, a PayLater service, and an educational investment hub called Cermati University, serving millions of Indonesian consumers seeking smarter financial decisions.

Summary

Cermati is a Fintech company based in Jakarta, Indonesia, founded in 2015. It has raised $18.9M in total across 6 rounds, most recently a Series C round in May 2021. Investors include MDI Ventures, East Ventures and Centauri Fund.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series CSeries CMay 2021

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Funding: Seed through Series C. Amounts, valuations, and investors where available.

Investors

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