Global Brain (GB) has invested in Digital Alpha Group Pte. Ltd. (Digital Alpha), a peer to peer lending platformer, through its KDDI Open Innovation Fund III (KOIF).

Digital Alpha utilizes an original credit scoring model with its data-based algorithms to provide a peer to peer lending platform “UangTeman” that provides transparent short-term micro loans for consumers and MSMEs in Indonesia. They already obtained its permanent online lending license from the Indonesian Financial Services Authority (OJK) on May 2019. This means that they are one of the key forerunners of a socially responsible online lending in Indonesia.

GB has decided to invest in Digital Alpha because we appreciate their deep knowledge in peer to peer lending market, technological competence, and strong management capability.

About Digital Alpha

Location
Singapore
Representative
Aidil Zulkifli
Founded
August, 2014
URL
https://uangteman.com/

About KOIF

Name
KDDI Open Innovation Fund III
General Partner
Global Brain Corporation
Fund Size
20 Billion JPY

About GB

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January, 1998
URL
https://globalbrains.com/