UangTeman is a technology company.
UangTeman has raised $12.0M across 1 funding round.
UangTeman has raised $12.0M in total across 1 funding round.
UangTeman has raised $12.0M in total across 1 funding round.
UangTeman's investors include Alpha JWC Ventures.
UangTeman is Indonesia's pioneering online unsecured micro-lending platform, offering real-time credit decisions via proprietary big data-driven algorithms for short-term loans serving consumer and business needs.[1][2][3] Licensed by Indonesia's Financial Services Authority (OJK) since 2019 under POJK 77/2016, it targets financial inclusion in Southeast Asia, with expansion into the Philippines, 201-500 employees, and $22 million in total funding including a planned $10 million Series B.[1][2][3] The platform solves access to quick, socially responsible credit for Indonesians lacking traditional banking options, demonstrating growth through regulatory compliance, product diversification, and regional scaling.[1][2]
Founded in 2014 by Singaporean Aidil Zulkifli, a former lawyer passionate about tech and finance, UangTeman launched in Jakarta amid an unfamiliar online lending market in Indonesia.[2] Zulkifli chose Indonesia for its vast consumer market potential, navigating early challenges like market education before securing OJK's permanent license in 2019 via Decree KEP-50/D.05/2019.[1][2] Pivotal moments include pioneering P2P lending, achieving regulatory sustainability, and planning an acquisition of another platform by late 2019 to enter productive micro-business loans alongside core consumer lending.[2] As part of PT Digital Alpha Indonesia (under Digital Alpha Group Pte Ltd), it has grown into a trusted fintech leader.[1][3][4]
UangTeman rides the fintech wave of financial inclusion in Southeast Asia, where large unbanked populations in Indonesia and the Philippines drive demand for digital micro-lending amid rising smartphone penetration.[1][2] Its 2014 entry timed perfectly with regulatory evolution (e.g., OJK's POJK 77/2016), enabling it to pioneer P2P models while competitors faced hurdles, positioning it as a compliance benchmark.[1][2] Market forces like economic growth, demographic similarities across borders, and big data/AI advancements favor its model, influencing the ecosystem by promoting responsible lending standards and partnerships with banks to curb over-borrowing.[2] With $18.5 million revenue and funding momentum, it boosts SEA's startup scene by validating scalable, tech-driven credit solutions.[3]
UangTeman's regulatory edge and data prowess position it for accelerated growth, with near-term priorities including Series B closure, platform acquisition for business loans, and deeper bank integrations.[2][3] Trends like AI-enhanced risk assessment, regional fintech harmonization, and demand for productive lending will shape its path, potentially expanding to more SEA markets. Its influence may evolve from Indonesia pioneer to regional inclusion leader, sustaining momentum as long as it balances innovation with compliance in a maturing sector—echoing its origins as a bold bet on underserved markets.[1][2]
UangTeman has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series A in August 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2017 | $12.0M Series A | Alpha JWC Ventures |