1. Startup

Alami Fintech Raised Equity and Debt Funding Worth of 283 Billion Rupiah

To collaborate in payment channeling with BRI Sharia targeting 40 billion distribution

The sharia fintech lending startup, Alami, announced $20 million (over 283 billion Rupiah) in equity and debt funding led by AC Ventures and Golden Gate Ventures. Quona Capital is also participating in this round.

Both AC Ventures and Golden Gate Ventures were the previous investors that led Alami's seed funding worth $1.5 million in late 2019. The arrival of Quona Capital has placed Alami in its Indonesian portfolio list after investing in KoinWorks, BukuWarung, Ula, and Julo.

"We believe that players in the Islamic finance industry have only just tapped a fraction of its potential. Social finance, for example, can be explored further," Alami's Founder & CEO Dima Djani said, quoting from the AC Ventures website.

Are you sure to continue this transaction?
Yes
No
processing your transaction....
Transaction Failed
Try Again

Sign up for our
newsletter

Subscribe Newsletter
Are you sure to continue this transaction?
Yes
No
processing your transaction....
Transaction Failed
Try Again