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Taralite raises $6.3m venture funding

Jakarta, Indonesia based P2P lending platform Taralite has secured $6.3m in venture funding from SBI Group. Launched in 2015 and led by CEO Abraham Viktor, Taralite focuses on providing quick working capital to small online businesses With interest rate from 0.99% each month.

The company intends to use the funds to build its R&D team to continue to develop new financial products. The company has already partnered with such marketplaces & booking platform as Tokopedia, Bukalapak, Lazada, MatahariMall, and Airy Rooms and has served over 1,000 borrowers to date.

Tags

taralite, lending, financing, indonesia