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Indonesia's Alami Group, a startup that offers Shariah-compliant peer-to-peer lending for small and medium-size enterprises. The firm, which counts online lender Alami and digibank Hijra Bank as subsidiaries, has secured an undisclosed amount of new funding in a round led by Intudo Ventures.
Rebranded in 2021, Hijra is an ecosystem of ALAMI peer-to-peer lending, Hijra Bank, ARQAM Accelerator, and ALAMI Insitute.
ALAMI is open to talks with several investors, including from Japan and the UAE.
In August, Glints had raised $50m in an oversubscribed Series D round.
ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.