Jakarta, Indonesia
Finture, founded in January 2021, is a burgeoning fintech platform in Southeast Asia with a focus on empowering consumers through innovative financial services. Recently listed as part of Forbes Asia 100 to Watch 2023, the company operates primarily in Indonesia.
The platform collaborates with licensed financial institutions to deliver unique payment and credit solutions. Its signature product, Yup, offers paylater options using card payment instruments issued by a partnering bank. As an aggregator platform recognized by the Financial Services Authority in Indonesia, Yup connects users to paylater services, offering promotions and flexible payment terms, including 0% interest plans up to 12 months.
In its latest funding round on 01 March 2023, Finture received a $16.50M Series B investment from investors such as SWC Global, XVC, Sampoerna Strategic, Miller Investment Management, LP, Tortola Capital, and MindWorks Capital. These investments highlight the trust and potential seen by investors in enhancing financial inclusion in the region.
