Cermati’s online offering helps customers research and get financial products, such as credit cards, auto loans, personal loans and mortgages, that suit their needs. It has become the most visited financial e-commerce site in Indonesia recording 3.2 million monthly visits in December 2016 and helped to facilitate over IDR 100 billion worth of consumer loans in 2016.

Facts

Location: Indonesia
Fund: II*
Stage at investment: Early

Status: Exited

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Milestones
Founded in 2015
First investment date: January 2017

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Industry sub-sector
Finance, Insurance

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Portfolio Team
Andhy Koesnandar

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Website
Cermati

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* Finch Capital Growth Fund 2 (previously OGC Growth fund 2)