AsiaKredit

lendingonline loans

STATUS: Acquired/Merged
FOUNDING YEAR: 2017
LOCATION: Singapore
Last Update: 19/01/2021

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About

Taralite is one of the fastest growing financial technology companies in Indonesia with a vision to free people from financial worries. We strives to give the best and most affordable product for our customers; whether in terms of customer experience, seamless process, and fair pricing. We are here to offer loans for your business needs, because we believe that every business has an equal opportunity to growWe are a team who value teamwork, promote creative environment and focus on helping each other grow to their maximum potential, while striving to create impact in a form of family. Our mission is to provide world class financial products to underserved segment through technology.If you are up for the challenge, please send us your resume to career@taralite.com

MEDICI Analysis

AsiaKredit is an online lender that can determine the creditworthiness of by analyzing their digital footprint and provides access to funds in minutes. It offers short-term loans to consumers using their mobile app.

Focus

PRODUCTS & SERVICES

AsiaKredit offers a digital lending platform that provides access to short-term loans. It provides an end-to-end loan disbursement process that includes origination (develops digital marketing strategies for customer acquisition), credit underwriting (leverages digital footprint, predictive analytics, and machine learning to automate the credit underwriting process), fulfillment & servicing (funds disbursement/repayment through e-wallets linked to numerous locations) and collection (human-to-bot substitution, predictive dialing, strategy funneling and behavioral scorecards).

REVENUE MODEL

The company generates revenue through interest, which is between 0.99% and 1.59%. It also charges a provision fee, which is 1% of the total loan application amount, and a late fee of 0.1% per day.

MAIN CLIENTS

Business

EXISTING PARTNERSHIPS

Tokopedia,Lazada

Matahari Mall

Doku

Hacktiva

Jurnal

Dekoruma

SBI group

J Trust

company provided insights
Acquisitions

M&A

ACQUIRED BY

GoBear

ANNOUNCED DATE

May 2020

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

811

AVERAGE VISITS (6 MONTHS)

340.89

MONTHLY VISITS GROWTH

18.74%

VISIT DURATION

70

VISIT DURATION GROWTH

12.64%

PAGE VIEWS VISIT

3.31

PAGE VIEWS VISIT GROWTH

75.68%

BOUNCE RATE

39.9%

BOUNCE RATE GROWTH

1.95%

GLOBAL TRAFFIC RANK

5,990,487

MONTHLY RANK CHANGE

-5,311,370

MONTHLY RANK GROWTH

-47%

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