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P2P lender Akseleran raises US$ 8.5 million in Series A round

20 January 2020 10:43

JAKARTA - Peer-to-peer (P2P) lending startup Akseleran has raised a total of US$ 8.5 million in a Series A funding round.

The round was led by Singapore-based VC firm Beenext and joined by Central Capita Ventura, Access Ventures, Agaeti Venture Capital, and Ahabe Group.

The fresh funds, said Akseleran CEO and co-founder Ivan Tambunan, will be used to expand the startup’s team, increase automation, and make a deeper penetration into remote areas. The startup eyes to disburse over Rp 2 trillion in loans this year.

“We want to expand and keep improving our service to our users,” said Mr Tambunan as quoted by DealStreet Asia, Monday (20/1).

“We have been able to support thousands of SMEs, mostly through invoice and pre-invoice financing facilities, and we will keep developing tailor-made loan products that suit the needs of SMEs.” (MS)

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