Fairbanc

Fairbanc is an AI-powered B2B embedded finance platform providing working capital credit and buy-now-pay-later solutions to micro and small merchants in emerging markets, primarily Indonesia. The platform integrates with major consumer brands like Unilever, Nestle, and Coca-Cola, enabling small retailers to purchase inventory on credit without collateral, smartphones, or credit history by leveraging transaction data from brand ERP systems. Founded in 2019 by Wharton graduate Mir Haque and piloted in Bangladesh before expanding to Indonesia, Fairbanc has onboarded hundreds of thousands of merchants and operates with very low default rates through a supply-stop repayment model.