Indonesian Shariah fintech Alami raises funds from beauty company unit

Startup looking to improve access to Shariah-compliant financial services

20221220 Alami

Founded in 2019, Alami has over 111,000 peer-to-peer investors involved in almost 10,000 projects across Indonesia. (Source image from Alami website)

GITA ROSSIANA, DealStreetAsia

JAKARTA -- Indonesia's Alami Group, a startup that offers Shariah-compliant peer-to-peer lending for small and medium-size enterprises, has raised an undisclosed amount from Paragon Beneva Investama (Beneva), an arm of beauty company ParagonCorp.

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