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Founded Year



Unattributed - II | Alive

Total Raised


Last Raised

$206M | 3 mos ago

About Amartha

Amartha operates a peer-to-peer lending platform. Its platform helps bridge the gap between entrepreneurs and online potential lenders through mobile applications and websites, helping small and medium enterprises to avail of microfinance loans. The company was founded in 2010 and is based in South Jakarta, Indonesia.

Headquarters Location

Jl. Ampera Raya, No.16

South Jakarta, 12560,




Amartha's Products & Differentiators

    Micro productive-loan

    loan for productive purposes with size of USD 250-1,000 with 1 year tenure


Research containing Amartha

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Amartha in 1 CB Insights research brief, most recently on Jan 13, 2022.

Expert Collections containing Amartha

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Amartha is included in 4 Expert Collections, including Digital Lending.


Digital Lending

2,171 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.


SMB Fintech

1,231 items



12,502 items

Excludes US-based companies


Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

Latest Amartha News

IFC and Amartha Partner to Support Women-owned Microenterprises in Indonesia

Nov 9, 2023

Wednesday, Sep 13, 2023 Share to: The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned microenterprises. Utilizing capital market techniques, the agreement, announced today, creates a platform that will enable Amartha to tap financing, including from offshore impact investors, that could be scaled up to $206 million. To establish the platform, IFC, the private sector arm of the World Bank, has committed funds from its own account as a cornerstone investor and aims to mobilize the balance from reputed international investors. By boosting access to finance for microenterprises, part of Indonesia's micro, small and medium sized (MSME) sector, IFC and Amartha will be supporting businesses that collectively employ tens of millions of people and make a key contribution to Indonesia's economy. The agreement is also seen as having the potential to deepen Indonesia's capital markets by providing a demonstration effect that could spur similar investments in the future. Amartha is a pioneer in building financial infrastructure and driving financial inclusion for grassroots communities and contributes to balancing the economic development of non-Java regions and rural communities with over 70 percent of its loans underwritten outside Java. The initiative announced today is expected to address the financing gaps for ultra-microenterprises in some of the most underserved segments and geographies of the country, given Amartha's primary focus on women microenterprises in rural areas outside Java where financing gaps are the widest. "We are grateful to have a strategic collaboration with the IFC," said Andi Taufan Garuda Putra, Founder and CEO of Amartha. "Amartha's technology and our digital financial infrastructure were built to close the MSME financing gap. The digital economy market share in Indonesia is approximately 40 percent of total digital economy transactions in ASEAN. This is where Amartha's business model aligns with the government's goal of achieving digital financial inclusion. With this partnership, we can go the extra mile to reach remote villages and women led MSMEs". Women-owned businesses make up a significant proportion of Indonesia's MSME sector which accounts for 97 percent of the nation's total workforce, but which faces a financing gap estimated at $21.2 billion. The finance gap is even wider for ultra-microenterprises, of which it's estimated there are 44 million operating in Indonesia. These businesses do not have access to finance from commercial banks and typically rely on funding from informal sources such as money lenders, friends and family. Within this segment, the financing gaps are the widest among female microentrepreneurs and especially those operating outside Java. "We are proud to be part of this pioneering initiative that not only provides an innovative structure and sustainable financing solution to a key and yet underserved sector of the economy, but also deepens Indonesia's capital markets," said Riccardo Puliti, IFC Regional Vice President for Asia and the Pacific. "The financing gap faced by female entrepreneurs in Indonesia – who are crucial to the overall economy – widened because of the COVID-19 pandemic which saw women overwhelmingly bear the load of greater domestic and childcare pressures. This partnership is a win for women and a win for the economy." The partnership between IFC and Amartha is also expected to make an important contribution to digital financing in the country. The expected outcomes are aligned with IFC's focus in Indonesia and the strategic priorities of the Government of Indonesia which include promoting the digital economy. IFC will also support Amartha in establishing its environmental and social (E&S) management framework to mitigate E&S risks as well as knowledge to help strengthen responsible finance practices as well as undertake greater social financing. About AmarthaPT Amartha Mikro Fintek (Amartha) was established in 2010 as a microfinance company. In 2016 Amartha transformed into a financial technology company and is licensed under the supervision of the Financial Services Authority (Otoritas Jasa Keuangan - OJK). Amartha is a prosperity platform company on a mission to bring inclusive digital financial services to grassroots communities and the world through technology, inclusivity, and sustainability. Amartha has disbursed the working capital of more than 12 trillion rupiah to over 1.6 million women-led SMEs in 55,000 villages in Indonesia. Amartha brings a new concept of lending and borrowing money. For underserved MSMEs in rural areas, Amartha provides access to capital. For lenders, our platform represents MSMEs as an alternative investment instrument that is profitable and impactful. For villages, Amartha strengthens the informal economy, reduces income inequality, and alleviates poverty. For more information, please visit or you can download the Amartha application via Google Play Store for android and App Store for iOS. About IFCIFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit

Amartha Frequently Asked Questions (FAQ)

  • When was Amartha founded?

    Amartha was founded in 2010.

  • Where is Amartha's headquarters?

    Amartha's headquarters is located at Jl. Ampera Raya, No.16, South Jakarta.

  • What is Amartha's latest funding round?

    Amartha's latest funding round is Unattributed - II.

  • How much did Amartha raise?

    Amartha raised a total of $446.5M.

  • Who are the investors of Amartha?

    Investors of Amartha include International Finance Corporation, Community Investment Management, Norfund, UOB Venture Management, Mandiri Capital and 9 more.

  • Who are Amartha's competitors?

    Competitors of Amartha include Investree and 8 more.

  • What products does Amartha offer?

    Amartha's products include Micro productive-loan and 1 more.


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Fairbanc operates as an artificial intelligence (AI)-powered mobile loans and payments platform for emerging market small to medium enterprises (SMEs). The company provides AI-powered terms of payment solutions integrated into businesses. It was founded in 2019 and is based in South Jakarta, Indonesia.


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