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Avantee

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Commercial lending marketplace connecting UMKM with diverse funding sources.

Overview

Avantee operates as a commercial lending marketplace that targets micro, small, and medium enterprises (UMKM) in Indonesia. The platform facilitates connections between businesses and various lenders, offering a selection of loan products including term loans, lines of credit, and invoice financing. By aggregating multiple lending offers, Avantee aims to streamline the loan comparison process, which may assist businesses in making informed financing choices. Additionally, the platform incorporates a peer-to-peer funding model, enabling both individual and institutional lenders to invest, thereby providing borrowers with access to necessary funding. Avantee's stated mission is to improve the welfare of UMKM by addressing their financing challenges through a transparent and efficient online platform.

Key facts

Founded
2017
Headquarters
Jakarta, Indonesia

Business model

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About Avantee

What does Avantee do?

Avantee operates as a commercial lending marketplace that targets micro, small, and medium enterprises (UMKM) in Indonesia.

Where is Avantee headquartered?

Avantee is headquartered in Jakarta, Indonesia.

When was Avantee founded?

Avantee was founded in 2017.

Which sector is Avantee in?

Avantee operates in Digital Lending, part of Financial Technology.

Who are Avantee's competitors?

Companies similar to Avantee include Esta Kapital, Otter Financial, and Lahan Sikam.