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Cicil

Acquired

Solusi Pembiayaan untuk Kegiatan Rantai Pasok Bisnis yang Mudah dan Cepat

Jakarta, Indonesia · Founded 2016

Fintech
Headquarters
Jakarta
Employees
11–50
Founded
2016
Business Model
B2B
Website
cicil.co.id
Last Round
Series AAug 2018
Rounds
1

About

Cicil is an Indonesian fintech company founded in 2016 by Leslie Lim and Edward Widjonarko, originally focused on installment-based credit for university students. The platform evolved into a supply chain financing solution, providing working capital to companies based on invoices and purchase orders as collateral, licensed by Indonesia's financial regulator OJK (license KEP-20/D.05/2021). As of its latest filings the platform has disbursed over Rp 4.39 trillion in total funds with a current repayment rate above 94%, serving over 62,000 borrowers and 1,100+ lenders. The company is headquartered in Jakarta, South Jakarta.

Summary

Cicil is a Fintech company based in Jakarta, Indonesia, founded in 2016. Its most recent funding was a Series A round in Aug 2018.

Tech & App Stack

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Funding History

Series ASeries AAug 2018

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