# Finfra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finfra

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.finfra.io
- Total disclosed funding: $2.5M
- Latest round: Seed (Oct 29, 2024)
- Investors on record: 3

## About

Based in Jakarta, Indonesia, and founded in 2022 by co-founder and CEO Markus Prommik. And Reinis Simanovskis, Digital Micro Pte Ltd., d.b.a. Finfra operates as a provider of financial technology platform for online businesses to offer accounting and finance solutions. In June 2023, Finfra raised USD 1 million in venture funding from BADideas.fund, Cento Ventures, DSX Ventures, Fintech Ventures Fund, FIRSTPICK, Hustle Fund, and Seedstars.

The company provides a fintech platform for technology companies to offer credit and financial services to existing customers to enhance user adoption, increase per-customer spending, customer loyalty, and improve retention. The platform also offers a complete loan management system, scoring mechanisms, and portfolio analytics as well as facilitates access to debt capital.

Finfra plans to use its proceeds from June 2023 funding to support product development, hire additional team members, and brand positioning.

## Funding rounds

- Seed, Oct 29, 2024, $2.5M — Accion, Cento Ventures, Z Venture Capital

## Investors

- Accion (https://capitalatlas.ai/funds/accion) — Seed
- Cento Ventures (https://capitalatlas.ai/funds/cento-ventures) — Seed
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Seed