Norfund

AwanTunai is an Indonesian fintech company that digitizes the cash economy and the FMCG supply chain through a mobile platform for micro merchants. The platform enables online ordering, payment acceptance, and inventory management while providing embedded financing and mobile-based credit to working-capital needs, connecting borrowers with banks and finance partners to originate and service loans within a regulated ecosystem. It operates as a licensed fintech that can originate, service, and collect bank-compliant loan assets for partner funders and also distributes micro-insurance through insurer partners. By integrating financial services with digital tools, AwanTunai aims to increase financial inclusion for Indonesian small businesses that have limited access to traditional banking products.

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.