AwanTunai Secures $60M Debt Facility to Support Indonesian MSMEs
Indonesian fintech startup AwanTunai has secured a US 60 million syndicated debt facility led by Accial Capital, with participation from multiple investors. The funding aims to bridge the country’s US$165 billion financing gap for micro, small, and medium enterprises (MSMEs), a critical yet underserved sector driving Indonesia’s economy.
Founded in 2017, AwanTunai provides digital lending solutions tailored to MSMEs in the consumer goods sector, focusing on improving cash flow and operational efficiency. The new capital will expand access to affordable credit, enabling businesses to scale sustainably.
Indonesia’s MSMEs account for over 60% of GDP but face chronic underfunding, limiting growth and productivity. AwanTunai’s tech-driven approach addresses this gap, offering streamlined financing to unlock the sector’s potential.
Learn more: https://www.techinasia.com/news/indonesias-fintech-firm-awantunai-raises-60m-debt-facility
