B2B lending platform Investree, based in Jakarta, Indonesia, raises $231 million in Series D funding led by Qatar’s JTA International Holding.
Facts
- Investree secures $231 million in a Series D funding round.
- The funding round is led by Qatar’s JTA International Holding.
- Existing investor SBI Holdings from Japan also participates.
- This follows a $23.5 million Series C round in March 2020.
- Investree will establish a joint venture in Doha with a lead investor, forming JTA Investree Doha Consultancy.
- The joint venture aims to bring innovative technology from Indonesia to empower MSMEs in Qatar, the Middle East, and Central Asia.
- Investree specializes in tailored peer-to-peer lending solutions and AI-based credit scoring.
- The platform has disbursed approximately $88.57 million in loans since its founding in 2015.
