Finfra, an Indonesian financial infrastructure provider, helps businesses in e-commerce, agriculture and logistics integrate lending services into their platforms. The company’s early stage round was led by Cento Ventures, a Singapore-based VC firm, along with Accion Venture Lab, Z Venture Capital and other investors. “Across all the markets we invest in, we consistently see small businesses and consumers on digital platforms have an unmet need for credit,” said Rahil Rangwala. Finfra enables such platforms to offer more accessible credit solutions, he added. “With lower servicing costs and stronger governance, lenders can design new products to profitably and responsibly serve customers who are currently excluded from the financial system.”
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