Norfund

AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on digitizing the traditional fast-moving consumer goods (FMCG) supply chain by providing a mobile application that connects micro merchants with essential financial services. The platform allows users to access working capital loans and facilitates online ordering, customer management, and payment acceptance. AwanTunai aims to enhance financial inclusion for individuals who lack access to conventional banking products by offering mobile-based credit and connecting them with lenders. As a regulated fintech institution, it has the capability to originate, service, and collect bank-compliant loan assets, ensuring comprehensive customer control. Additionally, AwanTunai collaborates with global insurance institutions to offer auto-trigger micro-insurance protection, contributing to the overall welfare of its users.

Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

Modalku is an online marketplace based in Jakarta, Indonesia, designed to connect small businesses seeking loans with lenders looking to fund these loans. By leveraging technology, Modalku offers borrowers access to financing options that may not be available through traditional channels, often at lower interest rates. Lenders participating in the platform can achieve returns that surpass those typically found in bank deposits and traditional investment products. This marketplace lending model has been successfully implemented in various countries, including the USA, UK, China, and Singapore, demonstrating its effectiveness in supporting small business growth.