# Nikel

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

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.nikel.com
- Total disclosed funding: $5.4M
- Latest round: Series A (Mar 31, 2022)
- Investors on record: 7

## About

Based in Singapore, and founded in 2018, Impact Credit Solutions, d.b.a Nikel offers tech-enabled alternative lending solutions and bridge international capital markets with underserved communities in Southeast Asia. In April 2022, Impact Credit Solutions raised USD 2.5 million in venture funding from new investors Vectr Ventures, Patamar Capital, and M Venture Partners. As of April 2022, Reinier Musters is the CEO of the company.

The product line of Impact Credit Solutions includes Nikel Lend, Nikel Market, and Nikel Fund. Nikel Lend is an API-based lending solution that enables technology companies and banks to lend directly to end customers via underwriting and origination engines, credit analysis, and connection with e-signature, and eKYC providers. Nikel Market is a business-to-business marketplace that connects banks with technology companies. Nikel Fund is a MAS-licensed fund manager that helps investors create bespoke funds to reach multiple thematic impact sectors, such as agriculture, climate, healthcare, and more.

## Funding rounds

- Series A, Mar 31, 2022, $2.5M — 500 Global, Vectr Ventures, Patamar Capital, M Venture Partners, Looking Glass Capital
- Series A, Nov 19, 2020, $2.2M — 500 Global, Patamar Capital, M Venture Partners, Looking Glass Capital
- Seed, May 14, 2020, $0.7M — Integra Partners, Central Capital Ventura, Looking Glass Capital

## Investors

- Integra Partners (https://capitalatlas.ai/funds/integra-partners) — Seed
- Central Capital Ventura (https://capitalatlas.ai/funds/central-capital-ventura) — Seed
- Looking Glass Capital (https://capitalatlas.ai/funds/looking-glass-capital) — Seed, Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Patamar Capital (https://capitalatlas.ai/funds/patamar-capital) — Series A
- M Venture Partners (https://capitalatlas.ai/funds/m-venture-partners) — Series A
- Vectr Ventures (https://capitalatlas.ai/funds/vectr-ventures) — Series A