# PT Alami Fintek Sharia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-alami-fintek-sharia

- Industry: Financial Services
- Headquarters: Jakarta Selatan, Indonesia
- Website: www.alamisharia.co.id
- Total disclosed funding: $23M
- Latest round: Series B (Aug 16, 2021)
- Investors on record: 13

## About

Based in Indonesia, PT Alami Fintek Sharia specializes in Sharia-compliant peer-to-peer lending solutions, offering transparent financing options to small and medium-sized enterprises.PT Alami Fintek Sharia provides Sharia-compliant financing solutions focused on peer-to-peer lending. Founded in 2019 and headquartered in Jakarta Selatan, Indonesia, the company has completed 7 deals, with its most recent investment round occurring on October 5, 2023. The firm was founded by Harza Sandityo, with Aria Wibowo serving as the CEO. The latest funding round raised USD 7.910 mn and was led by AC Ventures, Capria Ventures, East Ventures, FEBE Ventures, PT Paragon Beneva Investama, and Quona Capital.ALAMI Sharia offers a suite of Sharia-compliant peer-to-peer lending products, including Invoice Financing, Purchase Order Financing, Community-Based Financing, and Supply Chain Financing. These products utilize various Islamic financing contracts tailored to meet the diverse needs of borrowers and lenders, primarily serving small to medium-sized enterprises (SMEs) and individual investors.ALAMI Sharia generates revenue primarily through transaction fees and profit-sharing mechanisms associated with its financing products. The firm earns income as borrowers engage with the platform, entering agreements that delineate profit margins and costs, with fees charged on successful disbursements and repayments, all compliant with Sharia principles.In October 2023, PT Alami Fintek Sharia raised USD 7.910 mn in a growth funding round led by new investor Intudo Ventures, along with participation from returning investors. The company plans to utilize this funding to support the launch of new offerings aimed at expanding their product suite. They are also targeting expansion into new markets and geographic regions, although specific markets have not been disclosed.

## Funding rounds

- Series B, Aug 16, 2021, $18M — Sand Hill Capital, Golden Gate Ventures, East Ventures, Quona Capital, EV Growth, FEBE Ventures, AC Ventures
- Series A, Dec 30, 2020, $3.2M — Golden Gate Ventures, Green Tree Equity, Quona Capital, tryb, FEBE Ventures, AC Ventures, Asean Innovation Capital LP, K9 Industries Pte. Ltd
- Seed, Jan 7, 2020, $2.4M — Golden Gate Ventures, tryb, RHL Ventures, Agaeti Venture Capital, Asean Innovation Capital LP, K9 Industries Pte. Ltd

## Investors

- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Seed, Series A, Series B
- tryb (https://capitalatlas.ai/funds/tryb) — Seed, Series A
- RHL Ventures (https://capitalatlas.ai/funds/rhl-ventures) — Seed
- Agaeti Venture Capital (https://capitalatlas.ai/funds/agaeti-venture-capital) — Seed
- Asean Innovation Capital LP — Seed, Series A
- K9 Industries Pte. Ltd — Seed, Series A
- Green Tree Equity (https://capitalatlas.ai/funds/green-tree-equity) — Series A
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Series A, Series B
- FEBE Ventures (https://capitalatlas.ai/funds/febe-ventures) — Series A, Series B
- AC Ventures — Series A, Series B
- Sand Hill Capital (https://capitalatlas.ai/funds/sand-hill-capital) — Series B
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Series B
- EV Growth — Series B