Fairbanc
Finance · Indonesia · 1-10 Employees
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Overview
Headquarters
Gedung South Quarter Tower a Lt. 18 unit...Phone Number
+62 8113172222Website
fairbanc.appRevenue
<$5 MillionIndustry
ZI Rank: 1
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About Fairbanc
Fairbanc's mission is to bridge the sever SME credit gap in the emerging markets starting with South Asia through a mobile-first B2B lending and payments ecosystem. Our gender intelligent underwriting platform removes socio-cultural gender biases in current lending practice. The vision for Fairbanc is to drive responsible financial inclusion by delivering innovative credit and transaction services with proven best-in-class technology. The Fairbanc Foundation will pledge a percentage of profits for supporting financial literacy, entrepreneurship, women MSME training/support and liberal arts/STEM scholarships.Explore more
Fairbanc Org Chart
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Fairbanc financials insights
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2022
Angel/Seed
$4.8M
2024
Debt
$13.3M
Debt
$3M
Fairbanc Tech Stack
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Fairbanc News & Media
B2B fintech startup Fairbanc secures $13.3m in Pegadaian-backed debt financing
Singapore- and Silicon Valley-based embedded finance startup Fairbanc has announced securing $13.3 million in debt financing.Fairbanc Secures Funding from ADB, Accion, East Ventures, and Sampoerna to Scale Indonesian's Micro Merchant's Access to Embedded Credit Products
JAKARTA, Indonesia and SINGAPORE, June 29, 2021 /PRNewswire/ -- Fairbanc announced it has raised an undisclosed seven figures investment in a pre-Series A from ADB Ventures, the Asian Development Bank's venture arm, Accion Venture Lab, East Ventures, Sampoerna Strategic Group, and others. This new financial backing comes on the heels of recent investments from 500 Startups and Indonesian billionaire Michael Sampoerna. This funding will enable Fairbanc to scale up credit access for Indonesia's smFintech Fairbanc, which Offers Credit to Southeast Asia’s Unbanked, Is Now Backed by Columbia Business School
Fairbanc, the Silicon Valley-based Fintech firm that provides credit to the unbanked or financially underserved in Southeast Asia, has received financial backing from Columbia Business School’s student-run impact fund, Microlumbia. According to a release, this financial backing has come shortly after an investment from 500... Read More The post Fintech Fairbanc, which Offers Credit to Southeast Asia’s Unbanked, Is Now Backed by Columbia Business School appeared first on Crowdfund Insider.
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Frequently Asked Questions Regarding Fairbanc
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Fairbanc's mission is to bridge the sever SME credit gap in the emerging markets starting with South Asia through a mobile-first B2B lending and payments ecosystem. Our gender intelligent underwriting platform removes socio-cultural gender biases in current lending practice. The vision for Fairbanc is to drive responsible financial inclusion by del... Read More
