UangTeman

Jakarta, Indonesia · Founded 2014 · $12.0M raised

Headquarters
Jakarta
Employees
201–500
Founded
2014
Business Model
B2C
Total Funding
$12.0M
Last Round
$12.0M Series AAug 2017
Rounds
1

About

UangTeman was Indonesia's first online unsecured micro-lending platform, providing immediate short-term credit to consumers using proprietary big-data-driven credit risk algorithms for real-time, instant credit decisions. Founded in 2014 by Singaporean entrepreneur Aidil Zulkifli, the company targeted financially underserved Indonesians who lacked access to conventional banking, building a personal credit graph powered by AI. UangTeman was one of the first P2P lenders to receive a permanent license from Indonesia's OJK regulator (2019), but its license was revoked in 2022 following financial difficulties and the company has since ceased operations.

Summary

UangTeman is a Fintech company based in Jakarta, Indonesia, founded in 2014. It has raised $12.0M in total across 1 round, most recently a $12.0M Series A round in Aug 2017. Investors include K2 Venture Capital, Enspire Capital and Alpha JWC.

Tech & App Stack

1 technologies & apps tracked

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Funding History

Series ASeries AAug 2017
$12.0M

Investors

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