Akseleran, a P2P Lending platform based in Indonesia, announced has received a Series A funding worth of US$8.55 million, led by Beenext at the end of 2019. This round was also supported by Central Capital Venture, owned by local lender, Bank Central Asia (BBCA), Access Ventures, Agaeti Venture Capital, and Ahabe Group.
Since it was first launched in October 2017, Akseleran has channeled more than Rp1 trillion (US$71.42 million) business loans to more than 2,000 borrowers. This year, the lender targeting to disburse loans Rp2 trillion.
At the beginning, the financial technology (FinTech) raised funds from the New York-based family office and the parent company, PT Industri dan Perdagangan Bintraco Dharma amounted to US$2 million.
In addition to the corporate investor, the startup also raised funds from the individual investors in a range of Rp100,000 to Rp2 billion per investor with an interest rate of 18 percent and 24 percent.