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RestockID

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Peer-to-peer lending platform facilitating trade finance for UMKMs.

Overview

RestockID operates as a peer-to-peer lending platform that focuses on trade finance for small and medium-sized businesses (UMKM) in Indonesia. The platform connects UMKMs with lenders, facilitating access to working capital loans that are secured against assets and inventory. It aims to streamline the financing process by offering quick credit assessments and disbursement of funds, which can be important for businesses managing cash flow and operational costs. RestockID targets UMKMs to address the challenges of securing financing in a competitive market. Additionally, it provides educational support and ensures compliance with financial regulations. The company collaborates with technology providers and warehouses to enhance the security and efficiency of its services.

Key facts

Founded
2019
Headquarters
Jakarta, Indonesia

Business model

Contact

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About RestockID

What does RestockID do?

RestockID operates as a peer-to-peer lending platform that focuses on trade finance for small and medium-sized businesses (UMKM) in Indonesia.

Where is RestockID headquartered?

RestockID is headquartered in Jakarta, Indonesia.

When was RestockID founded?

RestockID was founded in 2019.

Which sector is RestockID in?

RestockID operates in Digital Lending, part of Financial Technology.

Who are RestockID's competitors?

Companies similar to RestockID include Modal Rakyat, Funding Societies, and DragonLend.