About Fairbanc
Fairbanc is a company based in San Francisco (United States) founded in 2018.. Fairbanc has raised $4.8 million across 5 funding rounds from investors including Accion, Vertex Ventures SG and Lippogroup. Fairbanc offers products and services including Financing Platform, Revolving Fund, and Data Intelligence. Fairbanc operates in a competitive market with competitors including C2FO, Taralite, Ammana, Pin'J and efunding, among others.
- Headquarter San Francisco, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pt Fairbanc Technologies Indonesia
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.8 M (USD)
in 5 rounds
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Latest Funding Round
$13.3 M (USD), Debt – Conventional
Mar 04, 2024
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Investors
Accion
& 9 more
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Employee Count
Employee Count
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Products & Services of Fairbanc
Fairbanc offers a comprehensive portfolio of products and services, including Financing Platform, Revolving Fund, and Data Intelligence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides AI-powered loans and funds for business growth.
Offers adjustable funds to support ongoing business needs.
Analyzes data to minimize risks and enhance transactions.
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Funding Insights of Fairbanc
Fairbanc has successfully raised a total of $4.8M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $13.3 million completed in March 2024. 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 Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $13.3M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Debt – Conventional - Fairbanc | Valuation |
investors |
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| Jul, 2022 | Amount | Seed - Fairbanc | Valuation | Vertex Ventures | |
| Jun, 2021 | Amount | Seed - Fairbanc | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fairbanc
Fairbanc has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accion, Vertex Ventures SG and Lippogroup. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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VC & startup accelerator backed by ADB Bank
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fairbanc
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fairbanc
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fairbanc Comparisons
Competitors of Fairbanc
Fairbanc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as C2FO, Taralite, Ammana, Pin'J and efunding, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
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| domain | founded_year | HQ Location |
Working capital loans are distributed through an online lending platform.
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| domain | founded_year | HQ Location |
Operates an online P2B Shariah-compliant lending platform for SMEs.
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| domain | founded_year | HQ Location |
Provider of closed-loop working capital facilities for gig and B2B workers
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| domain | founded_year | HQ Location |
A Shariah-compliant platform for peer-to-business SME loans.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fairbanc
Frequently Asked Questions about Fairbanc
When was Fairbanc founded?
Fairbanc was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Fairbanc located?
Fairbanc is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Fairbanc a funded company?
Fairbanc is a funded company, having raised a total of $4.8M across 5 funding rounds to date.
What does Fairbanc do?
Provider of AI-enabled marketplace for working capital loans. It reads digital footprints such as transaction history with large suppliers, and data on the mobile phone to grant digital credit lines that SMEs can use to purchase inventories from partner suppliers. Loan amounts and repayments are customized according to the borrower. Merchants can integrate the platform via an API to assign a credit limit. Merchants receive the merchandise and the distributor gets paid. Bank auto-debits the distributor accounts upon collection.
Who are the top competitors of Fairbanc?
What products or services does Fairbanc offer?
Fairbanc offers Financing Platform, Revolving Fund, and Data Intelligence.
Who are Fairbanc's investors?
Fairbanc has 10 investors. Key investors include Accion, Vertex Ventures SG, Lippogroup, Pegadaian, and ADB Ventures.
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