About Amartha
Amartha is a Financial Services company based in Cilandak (Indonesia) founded in 2010. Micro-entrepreneurs and SMEs are linked to investors through P2P lending. Amartha has raised $53 million across 9 funding rounds from investors including Accion, Norfund and Lendable. Its website amartha.com draws about 121 thousand monthly visits. Amartha offers products and services including AmarthaFin, Pinjaman Kelompok, Pendanaan Berdampak, and TKB Measurement. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include Investree, Ammana and Croowd; 1 of its 3 listed competitors has raised funding.
Company details
Amartha was established in 2010 in Cilandak, Indonesia, as a platform in the microfinance sector. Borrowers, including micro-entrepreneurs and small-to-medium enterprises, are enabled to post loan listings with specified amounts and tenures. Investors, both individual and institutional, are allowed to review and fund selected listings. Operations focus on facilitating peer-to-peer connections within the Indonesian market.
- Headquarters Cilandak, Indonesia
- SectorsFinancial Services
- Email••••••••
- Website amartha.com
- Social LinkedIn X
- Total Equity Funding$53M (USD)
in 9 rounds
- Latest Funding Round$55M (USD), Debt – Conventional
Jun 2025
- InvestorsAccion
& 17 more
Products & Services of Amartha
Amartha offers a comprehensive portfolio of products and services, including AmarthaFin, Pinjaman Kelompok, Pendanaan Berdampak, and TKB Measurement.
Digital ecosystem providing loans and funding for inclusive growth
Group-based loans for micro-enterprises and community support
Impact-oriented funding for social and economic development
Tool to track loan repayment success rates accurately
Funding Insights of Amartha
Amartha has successfully raised a total of $53M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $55 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $53M
- Total Rounds 9
- Last Round Debt – Conventional — $55M
- Investors Count 18
All 9 funding rounds of Amartha with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $55M | Debt – Conventional | – | – | |
| Jun 2024 | $17.5M | Series C | – | Accion | |
| Jun 2023 | $100M | Debt – Conventional | – | – | |
| Jun 2021 | $7.5M | Series C | – | Norfund | – |
| May 2021 | $28M | Series C | – | Womens World Banking, MDI Ventures | |
| Feb 2021 | $50M | Debt – Conventional | – | – | |
| Nov 2019 | Series B | – | Line Ventures, Bamboo Capital Partners | – | |
| Mar 2017 | Series A | – | Mandiri Capital Indonesia | ||
| Sep 2016 | Seed | – | The Graduate Syndicate | – |
18 investors in total: 18 institutional.
Investors in Amartha
Amartha has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Accion, Norfund and Lendable.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward ESG-focused companies. | majinvest.com | Copenhagen, Denmark | ||
Diversified investment management services are offered to clients. | 2012 | cim-llc.com | San Francisco, United States | |
It invests in developing countries to create jobs and improve lives | 1998 | norfund.no | Oslo, Norway | |
Corporate-backed venture capital is directed toward fintech and cloud sectors. | mdi.vc | Jakarta, Indonesia | ||
Incubator and venture capital backed by Bank Mandiri | mandiri-capital.co.id | Jakarta, Indonesia | ||
Limited information is provided about UOB Venture Management. | uobvm.com.sg | Singapore, Singapore | ||
Venture capital firm investing in multiple sectors | lineventurescorp.com | Tokyo, Japan | ||
Impact investing platform providing financing for emerging markets. | bamboocp.com | |||
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Seed-stage startups are funded by this venture capital firm. | thegraduatesyndicate.com | Boston, United States |
Investor details for Amartha
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Amartha
70 people are tracked at Amartha (22 in leadership, 2 in board & advisors, 46 in team).
| Name | Role | Group |
|---|---|---|
Ramdhan A | Chief Financial Officer | Leadership |
Aria Widyanto | President Director - Amartha Mikro Fintek | Leadership |
Andi Taufan Garuda Putra | Founder & CEO | Leadership |
Budhi Siswoadji | Chief Operating Officer | Leadership |
Fisella Mutiara | Head Of People Journey | Leadership |
Julie Fauzie | Chief Funding Officer | Leadership |
Yori Yostiani | Head Of Product | Leadership |
Rahman Dhuha | Regional People Partner Lead | Leadership |
Dyah Shofiana | Regional People Partner Lead | Leadership |
Rine Rine | Chief People Officer | Leadership |
Aditya Pratomo | Head Of Business - New Retail | Leadership |
Shadry Nur Athien Utami | Head Of People Experience | Leadership |
Reza Azhari | People Experience Partner | Leadership |
Fenny Febri Krisdayanti | Head Of Marketing | Leadership |
Almira Lasty Adindha Haddade | VP Of Payment Business And Treasury | Leadership |
Abdurrahman Arijanto | Head Of Corporate Finance | Leadership |
Joviana Aprilia | Business Head - Product Owner | Leadership |
Adinda Wulandari Silvianila | Regional People Partner Officer | Leadership |
Maskur Riza | Sr. Regional People Partner | Leadership |
Birry Mufrena | Head Of Funding Planning & Controller | Leadership |
50 more people are available in the full profile.
Complete people profiles for Amartha
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
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Timeline of Amartha
3 dated milestones of Amartha across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Amartha is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $55.0M.
Competitors of Amartha
Amartha has 3 listed competitors in our database, 1 of them funded. They include Investree, Ammana and Croowd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| investree.id | 2015 | Jakarta, Indonesia | $254.32M | Business loans are connected via an online P2P lending platform. | ||
| ammana.id | 2017 | Jakarta, Indonesia | Operates an online P2B Shariah-compliant lending platform for SMEs. | |||
| croowd.co.id | 2016 | Jakarta, Indonesia | Operates a peer-to-peer platform for consumer and business loans. |
Detailed competitors of Amartha
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- Full competitor set
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Web traffic of Amartha
The website of Amartha (amartha.com) receives about 120.8K visits a month.
- Monthly visits120.8K
▼ 15.7% vs previous month
Websites whose visitors overlap most with Amartha. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
qmfinancial.com | qmfinancial.com | 100% | #9,946,834 | – | |
| tunaiku.com | 100% | #283,638 | View details | ||
| pina.id | 100% | 74.6K | #586,817 | View details | |
afpi.or.id | afpi.or.id | 100% | #675,674 | – | |
| finansialku.com | 100% | 174.1K | #273,618 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Amartha
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Amartha
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Frequently Asked Questions about Amartha
Amartha was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Amartha is headquartered in Cilandak, Indonesia. It is registered at Cilandak, Jakarta, Indonesia.
Amartha is a funded company, having raised a total of $53M across 9 funding rounds to date.
Amartha was established in 2010 in Cilandak, Indonesia, as a platform in the microfinance sector. Borrowers, including micro-entrepreneurs and small-to-medium enterprises, are enabled to post loan listings with specified amounts and tenures. Investors, both individual and institutional, are allowed to review and fund selected listings. Operations focus on facilitating peer-to-peer connections within the Indonesian market.
Amartha offers AmarthaFin, Pinjaman Kelompok, Pendanaan Berdampak, and TKB Measurement.
Amartha has 18 investors. Key investors include Accion, Norfund, Lendable, Swedfund, and Community Investment Management.
The website of Amartha receives about 121 thousand visits a month.