In a world where digital platforms have become the backbone of modern commerce, Finfra, an Indonesian financial infrastructure provider, is revolutionizing the way small businesses access credit. By seamlessly integrating lending services into e-commerce, agriculture, and logistics platforms, Finfra is bridging the gap between underserved entrepreneurs and the financial resources they need to thrive.

Empowering Small Businesses with Accessible Credit Solutions

Addressing the Unmet Need for Credit

Across the diverse markets it serves, Finfra has consistently identified a pressing need for accessible credit solutions among small businesses and consumers on digital platforms. "We consistently see small businesses and consumers on digital platforms have an unmet need for credit," said Rahil Rangwala of Accion Venture Lab, one of Finfra's early-stage investors.By partnering with these platforms, Finfra enables them to offer more inclusive and responsible credit products to their customers. "With lower servicing costs and stronger governance, lenders can design new products to profitably and responsibly serve customers who are currently excluded from the financial system," Rangwala added.

Embedded Lending: A Transformative Approach

To bolster small business lending in Indonesia, Finfra has forged a strategic partnership with Tyme Group, a digital bank with operations in the Philippines and South Africa. This collaboration will help Finfra scale its embedded loan products, such as merchant cash advances, further expanding access to credit for underserved entrepreneurs.Embedded lending, a concept that seamlessly integrates lending services into existing digital platforms, is a game-changer in the financial services industry. By leveraging the existing customer base and infrastructure of these platforms, Finfra can reach a wider audience and provide tailored credit solutions that cater to the unique needs of small businesses.

Driving Financial Inclusion through Innovation

Finfra's innovative approach to small business lending is not only transforming the financial landscape but also driving financial inclusion in the regions it operates. By empowering digital platforms to offer accessible credit, Finfra is enabling entrepreneurs who were previously excluded from the formal financial system to access the capital they need to grow their businesses.This impact is amplified by Finfra's commitment to responsible lending practices and strong governance. By ensuring that credit products are designed to serve customers profitably and responsibly, Finfra is creating a sustainable model that benefits both lenders and borrowers alike.

Securing Funding for Expansion

Finfra's success in addressing the unmet credit needs of small businesses has not gone unnoticed. The company's early-stage funding round was led by Cento Ventures, a Singapore-based VC firm, along with Accion Venture Lab, Z Venture Capital, and other investors. The round also saw the participation of Matiss Ansviesulis, the founder of the Mexican fintech company AvaFin.This influx of funding will enable Finfra to further expand its reach and continue developing innovative credit solutions tailored to the needs of small businesses across various sectors. As Finfra continues to grow, its impact on financial inclusion and the empowerment of underserved entrepreneurs is poised to reach new heights.