Finture, the fast-growing fintech company founded in January 2021, has successfully raised $30 million in its latest funding round, further cementing its position as a leader in the Southeast Asian financial landscape. Focused primarily on Indonesia, Finture collaborates with licensed financial institutions to offer innovative payment and credit solutions tailored to the diverse needs of individuals. The funding will be utilized to enhance its unique paylater product, branded as “Yup,” which allows users to access flexible credit limits using card payment instruments. As an aggregator platform recognized by Indonesia's Financial Services Authority, Yup seamlessly connects consumers with paylater services from its financial partners, while also providing tailored promotional benefits.
The flexibility of Yup is underscored by its dual functionality; it not only supports transactions via EDC machines but also through QR scans, empowering users to shop anywhere, anytime. With the promise of 0% interest installment plans ranging from 1 to 12 months and credit limits up to Rp 100 million, the platform is committed to providing the best health credit payment services. This funding round will enable Finture to scale its offerings and enhance user experience, ensuring that both online and offline transactions are as easy and accessible as possible for all customers in Indonesia. As Finture continues to innovate in the fintech space, it aims to widen financial access and accelerate digital finance adoption across the region.
