• FOUNDING YEAR: 2014
    LOCATION:
    Indonesia
    REGION:
    Last Update:
    11 Jul, 2019

Description

FOCUS

PRODUCTS & SERVICES:
The platform offers investments in a fund that disburses money to a large number of microfinance and community banks, which use the funds to finance individual micro-entrepreneurs in Indonesia for income-generating ventures. The investment horizon is between 6-12 months. The fund is Shariah compliant at all stages, and the final investments are never for consumption purposes. The profit from the fund is shared with investors every 3 months. Its trademarked capital market tool “Smart Sukuk (Islamic Bonds)” uses the Ethereum blockchain to help Institutions raise funds for construction, microfinance and other activities, while ensuring avoidance of margin trading, excessive speculation, or usurious credit. The institutions receive money in the local currency, and hence do not have to take exposure to foreign currency or cryptocurrency risk. The investments are fully regulated in the respective jurisdictions.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Individual and Institutional Investors, Microfinance and Community banks
EXISTING PARTNERSHIPS:
The company has partnered with banks including AMA Bank, Bangkok Bank, Bank of America, BPI, Citibank, HSBC, Landbank, etc.

PEOPLE

FOUNDERS:
Matthew Joseph Martin
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
Boost VC

TRACTION

Insufficient information for accurate analysis

MOMENTUM

Insufficient information for accurate analysis

LATEST RESEARCH