# PT. Digital Alpha Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-digital-alpha-indonesia

- Industry: Financial Services
- Headquarters: South Jakarta, Indonesia
- Website: www.uangteman.com
- Total disclosed funding: $15M
- Latest round: Series C (Feb 18, 2020)
- Investors on record: 14

## About

PT. Digital Alpha Indonesia is a leading digital financial services company offering innovative online payment and lending solutions, primarily through its platform Uang Teman, tailored to meet the needs of Indonesian consumers.Founded in 2014 and headquartered in South Jakarta, Indonesia, PT. Digital Alpha Indonesia operates in the fintech sector, specializing in online lending services. The company has successfully completed 6 deals as of February 18, 2020, during which it raised USD 8.04 mn in Series C funding led by ACA Investments, with participation from Asia Summit Capital, CP Ventures, Draper Associates, Global Brain, Octava, and Spiral Ventures. The founder, whose details are not specified, has previously established other ventures in the financial technology space, contributing to a robust entrepreneurial background.PT. Digital Alpha Indonesia provides a range of online financial services through its platform, Uang Teman, focusing on consumer lending solutions. The platform is designed to enhance accessibility for users across Indonesia, offering quick and convenient loans with user-friendly navigation, enabling both new and experienced borrowers to access funds with ease.The revenue model of PT. Digital Alpha Indonesia relies on direct-to-consumer transactions facilitated through its platform, where users engage in various lending activities. Customers typically repay loans through scheduled payments, contributing to a steady revenue stream for the company. While specific pricing details are not disclosed, the emphasis on customer accessibility and efficient service delivery supports consistent user engagement and retention.In February 2020, PT. Digital Alpha Indonesia secured USD 8.04 mn in Series C funding, aimed at enhancing its product offerings and expanding its market reach. The company plans to develop new lending products and increase its penetration in underserved regions across Indonesia. With the additional capital, PT. Digital Alpha Indonesia intends to invest in technology enhancements and marketing initiatives to support the launch of these new services, thereby solidifying its position in the financial technology sector.

## Funding rounds

- Series C, Feb 18, 2020, $8M — Global Brain, Draper, Spiral Ventures, Asia Summit Capital, CP Ventures, Octava, Felicity Global Capital
- Series B, Sep 21, 2017, $5.3M — Global Brain, GAMMA Investment Management, Draper, Alpha JWC Ventures, Captii Ventures, Octava
- Series A, Sep 14, 2016, $1.2M — GAMMA Investment Management, Enspire Capital, Alpha JWC Ventures, K2 Venture Capital, Stellar Kapital
- Seed, Aug 6, 2014, $0.8M — Alpha JWC Ventures, Revolutionary (Ad)Ventures

## Investors

- Alpha JWC Ventures (https://capitalatlas.ai/funds/alpha-jwc-ventures) — Seed, Series A, Series B
- Revolutionary (Ad)Ventures — Seed
- GAMMA Investment Management — Series A, Series B
- Enspire Capital (https://capitalatlas.ai/funds/enspire-capital) — Series A
- K2 Venture Capital (https://capitalatlas.ai/funds/k2-venture-capital) — Series A
- Stellar Kapital (https://capitalatlas.ai/funds/stellar-kapital) — Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series B, Series C
- Draper (https://capitalatlas.ai/funds/draper) — Series B, Series C
- Captii Ventures (https://capitalatlas.ai/funds/captii-ventures) — Series B
- Octava — Series B, Series C
- Spiral Ventures (https://capitalatlas.ai/funds/spiral-ventures) — Series C
- Asia Summit Capital — Series C
- CP Ventures (https://capitalatlas.ai/funds/cp-ventures) — Series C
- Felicity Global Capital (https://capitalatlas.ai/funds/felicity-global-capital) — Series C