AC Ventures

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm investing in early-stage startups across various industries such as digital enablement, financial technologies, agriculture technologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions. The firm manages over US$500 million across five funds.

Alvin Cahyadi

Vice President of Investment

SG Ellison

President

David Grieve

Investor

Adrian Li

Co-Founder and Managing Partner

Adrian Li

Founder and Managing Partner

Past deals in Credits and Lending

Broom

Series A in 2024
Broom is a platform that enables automotive dealers to obtain short-term financing secured by their vehicle inventory and to participate in a digital marketplace for used vehicles, including funding, auctions, and sales, with the goal of supporting showroom operations, securing supplies, and promoting reliable vehicle sales.

Broom

Venture Round in 2023
Broom is a platform that enables automotive dealers to obtain short-term financing secured by their vehicle inventory and to participate in a digital marketplace for used vehicles, including funding, auctions, and sales, with the goal of supporting showroom operations, securing supplies, and promoting reliable vehicle sales.

Broom

Seed Round in 2023
Broom is a platform that enables automotive dealers to obtain short-term financing secured by their vehicle inventory and to participate in a digital marketplace for used vehicles, including funding, auctions, and sales, with the goal of supporting showroom operations, securing supplies, and promoting reliable vehicle sales.

IDEAL Indonesia

Pre Seed Round in 2022
IDEAL Indonesia is a digital mortgage lending platform designed to streamline the home buying process for potential homeowners. The platform offers features such as e-KYC, document verification, and AI-driven credit scoring to help users receive personalized mortgage recommendations based on their specific needs. By connecting home buyers with a range of compatible mortgage products from major property developers and banks in Indonesia, IDEAL Indonesia allows users to apply to multiple banks using a single set of data. Additionally, the platform includes a real-time tracking system, enhancing the overall experience for individuals seeking to navigate their ownership journey efficiently.

Broom

Pre Seed Round in 2022
Broom is a platform that enables automotive dealers to obtain short-term financing secured by their vehicle inventory and to participate in a digital marketplace for used vehicles, including funding, auctions, and sales, with the goal of supporting showroom operations, securing supplies, and promoting reliable vehicle sales.

JULO

Series B in 2022
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

KoinWorks

Series C in 2022
KoinWorks is a Indonesian fintech company offering a comprehensive suite of financial products. Users can manage both assets and liabilities on its single platform, making it a one-stop solution for accessible and affordable financial services.

Ayoconnect

Series B in 2020
Founded in 2016, Ayoconnect is Southeast Asia’s leading financial API platform. It enables businesses to integrate a wide range of white-label financial products into their offerings via APIs, facilitating quick launch and monetization. With over 200 clients including major banks, retailers, and fintech companies, Ayoconnect processes more than 300 million API hits annually.

Akseleran

Series A in 2019
Akseleran is a peer-to-peer lending platform that connects small and medium-sized enterprises (SMEs) seeking loans with a network of lenders. The company facilitates access to capital for businesses, offering competitive interest rates, flexible loan tenors, and various payment models. Akseleran enhances the lending landscape in Indonesia by providing alternative financing options that enable entrepreneurs to secure the funds necessary for growth. Its platform streamlines administrative tasks, allowing businesses to focus on development while ensuring that lenders have the opportunity to earn attractive returns aligned with the risks of their investments.

JULO

Series A in 2019
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

KoinWorks

Series B in 2019
KoinWorks is a Indonesian fintech company offering a comprehensive suite of financial products. Users can manage both assets and liabilities on its single platform, making it a one-stop solution for accessible and affordable financial services.

KoinWorks

Series A in 2018
KoinWorks is a Indonesian fintech company offering a comprehensive suite of financial products. Users can manage both assets and liabilities on its single platform, making it a one-stop solution for accessible and affordable financial services.

JULO

Series A in 2018
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

Ayoconnect

Series A in 2017
Founded in 2016, Ayoconnect is Southeast Asia’s leading financial API platform. It enables businesses to integrate a wide range of white-label financial products into their offerings via APIs, facilitating quick launch and monetization. With over 200 clients including major banks, retailers, and fintech companies, Ayoconnect processes more than 300 million API hits annually.

JULO

Seed Round in 2017
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

MoneySmart Singapore

Series A in 2015
MoneySmart Singapore is a prominent personal finance portal in Southeast Asia that assists consumers in comparing various financial products, including loans, insurance, and credit cards. The company aims to simplify personal finance decisions by providing an all-in-one platform where users can easily access and evaluate financial options. MoneySmart understands the diverse needs of everyday consumers, offering tools and resources to help them achieve their financial goals, whether it be budgeting, saving for significant life events, or planning for retirement. By facilitating comparisons and applications for financial products, MoneySmart empowers users to make informed decisions tailored to their unique circumstances. The platform serves as a reliable resource for individuals seeking to manage their finances effectively and maximize their financial well-being.
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