Jakarta based P2P lender raised an undisclosed amount from Kejora. Investree last raised $500k to develop its platform.
Investree grand launching at Bunga Rampai resto in Jakarta. Indonesian online peer-to-peer lending marketplace Investree said it has secured a series A funding commitment from a local venture capital firm, Kejora. Details of the amount, however, have not been disclosed. Investree connects lenders with borrowers – those that want to invest their money to get returns and those who need funds for personal use or businesses. The company offers lending solution for both business financing and employee loan. Before securing the funding commitment, Investree has been bootstrapping for almost a year, raising $500,000 for its initial stage development. Investree and Kejora will officially sign the agreement in June.