US EditionFairbanc Secures $3.13M from Indonesian State-Owned Bahana Artha Ventura to Boost SME Lending – Cloud PR Wire
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Fairbanc Secures $3.13M from Indonesian State-Owned Bahana Artha Ventura to Boost SME Lending – Cloud PR Wire
Singapore, 18 December 2024 – Fairbanc, a Singapore and Silicon Valley-based fintech platform specializing in B2B supply chain financing in Indonesia, has secured $3.13 million (IDR 50 billion) in funding from Indonesian state-owned Bahana Artha Ventura (BAV). The investment will support Fairbanc’s expansion in SME lending and enhance its operations. Bahana Artha Ventura, part of the state-owned IFG Group which manages over $20 billion in asset…
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