Fairbanc

Fairbanc

First scalable, ai-powered mobile loan and payments platform for emerging market smes. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
AUD30—45m (Dealroom.co estimates Jul 2022.)
San Francisco California (HQ)
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Seed
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$1.0m

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$3.2m

Debt
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$4.8m

Seed
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$13.3m

Debt
Total FundingAUD9.0m

Recent News about Fairbanc

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Fairbanc Technologies Indonesia operates in the financial technology sector, focusing on providing revolving funds and data intelligence to underserved communities. The company offers a revolving fund system that adjusts continuously as businesses grow, ensuring that clients have access to the capital they need. Fairbanc also provides data analytics and consulting services to help businesses monitor growth, loan utilization, and collections easily. By analyzing data, Fairbanc helps minimize the risks of bad debts and enhances customer transaction value. The company primarily serves small to medium-sized enterprises (SMEs) in emerging markets, aiming to make financial services more accessible. Fairbanc's business model revolves around earning revenue through interest on revolving funds and fees for its data intelligence and consulting services. The company leverages technology to drive financial inclusion and support business growth in underserved communities.

Keywords: revolving funds, data intelligence, financial technology, underserved communities, SMEs, loan utilization, risk minimization, customer transaction value, financial inclusion, business growth.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.