Ammana Fintek Syariah

What Ammana Fintek Syariah does

Ammana Fintek Syariah (PT. Ammana Fintek Syariah) is an Indonesian Sharia-compliant peer-to-peer lending platform licensed by Otoritas Jasa Keuangan (OJK) under KEP-123/D.05/2019 and operating under POJK No. 10/POJK.05/2022. The company, headquartered in South Jakarta with an operational office in Central Jakarta, connects individual lenders (Pemberi Dana) with micro-borrowers (Mitra) across Indonesia through a Sharia framework that uses Musyarakah and Mudharabah contract structures rather than interest-bearing loans. As of late June 2026 the platform had cumulatively served 180,140 borrowers and 10,401 lenders, with Rp 31 billion in financing channeled year-to-date and a TKB90 non-performing financing rate of 98.65% (good performance).

The platform is anchored on a self-serve Android application distributed via Google Play and a web interface, where applicants can be screened and approved using only a National ID (NIK) within five minutes. Under the hood, Ammana employs Big Data and AI-based credit scoring and fraud detection on structured applicant data, and it uses certified electronic signatures from Privy and VIDA to execute digital Akad (Ijab-Qabul) contracts. Repayments are collected through Virtual Accounts at eight partner banks (BCA, BNI, Permata, BSI, Danamon, CIMB, BRI, Mandiri) plus retail cash channels (Alfamart/Alfamidi/Lawson/Dan+Dan via Jokul-DOKU and Indomaret), making the platform accessible to borrowers without traditional bank accounts.

Ammana generates revenue from platform service fees (Ujroh) on each financing transaction, capped by OJK/AFPI at 0.3% per day, plus regulated late-payment fees up to 100% of principal. Its core product, PESAT (Pembiayaan Syariah Cepat), offers unsecured financing of up to Rp 10,000,000 over 21/28-day or 10–90-day tenors, with optional accident insurance and a 12-month monthly installment variant. The customer base is granular and retail-led, targeting Indonesian citizens aged 21–65, the unbanked/underbanked population, and Sharia-conscious borrowers; the company is a member of AFPI and is governed by a Sharia Supervisory Board chaired by Dr. H. Umar Alhaddad.

Name

Ammana Fintek Syariah

Legal name

PT. Ammana Fintek Syariah

Website

https://ammana.id

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Ammana Fintek Syariah is an OJK-licensed Indonesian Sharia-compliant P2P lending platform that connects individual lenders with micro-borrowers via an Android app, offering quick unsecured financing up to Rp 10 million using AI-based credit scoring and Sharia contract structures.

Ownership category

akta.pro rank

Product category

P2P Lending

NAICS

Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

Keywords

• Sharia P2P lending
• Islamic fintech platform
• Peer-to-peer financing
• Digital micro lending
• Sharia-compliant financing

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Financing Service Fees: Ammana charges service fees for financing activities. The maximum service fee is 0.3% per day as regulated by OJK and AFPI. Late payment fees are also capped at 0.3% per day with a maximum of 100% of the principal financing amount.
2. Platform Services Fee (Ujroh): Platform service fee charged to financing recipients for using the P2P Sharia lending platform. The fee is deducted automatically from the Virtual Account based on the agreed terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Ammana Fintek Syariah operates an OJK-licensed Sharia-compliant peer-to-peer lending platform that matches individual lenders (Pemberi Dana) with individual borrowers (Mitra) in Indonesia. It provides quick unsecured financing of up to IDR 10,000,000 with tenors ranging from 10 to 90 days or 12-month monthly installments, using AI-driven credit scoring and Musyarakah/Mudharabah-based Sharia contracts. Repayments are accepted through a nationwide network of partner banks and retail outlets.

Product overview

Ammana Fintek Syariah operates as a unified Sharia-compliant P2P lending platform that connects lenders (Pemberi Dana) with borrowers (Mitra) through its mobile application and web platform. The core product ecosystem includes the Ammana Mobile Application as the primary interface, supported by the Pembiayaan Syariah Cepat (PESAT) financing product offering unsecured loans up to Rp10,000,000 with rapid approval. The platform facilitates two main Sharia financing contracts: Musyarakah (joint venture with profit/loss sharing) and Mudharabah (full-capital profit-sharing). Virtual Account infrastructure enables fund transfers, repayments, and profit distributions through integrated bank and retail payment channels. RIPLAY provides standardized product disclosure as regulatory compliance. All services operate 24/7 through a unified platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Pembiayaan Syariah Cepat (PESAT) Sharia-compliant quick financing product providing unsecured loans up to IDR 10,000,000 to individual Indonesian borrowers, with rapid approval (~5 minutes), tenors from 10–90 days, and daily service fees capped at 0.3%. Designed for underbanked consumers who need fast, collateral-free, riba-free financing.
• Musyarakah Financing Sharia joint-venture financing contract in which lenders (Pemberi Dana) act as passive partners and borrowers (Mitra) act as active partners, with profit and loss sharing distributed according to agreed ratios. Used to fund business objects on the Ammana platform in a riba-free structure.
• Mudharabah Financing Sharia profit-sharing financing contract where lenders provide 100% of the capital for approved business objects and receive a profit share (Nisbah) according to agreed terms, while the borrower manages the venture. Used on the Ammana platform as a riba-free alternative to interest-based lending.
• Ammana Mobile Application Android mobile application available on the Google Play Store that serves as the primary interface for individual users to register, apply for Sharia-compliant financing, receive credit decisions, manage Virtual Accounts, and repay loans. Targeted at Indonesian consumers and lenders who want a self-serve mobile experience.
• Virtual Account Unique virtual account number issued to each individual user (lender or borrower) through partner banks, enabling fund deposits, withdrawals, profit-sharing distributions, and loan repayments. Supports seamless reconciliation across the eight partner banks integrated with the platform.

Quantifiable outcome

• TKB90 (90-day repayment rate): 98.65% - indicating strong loan performance
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability3 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• Otoritas Jasa Keuangan (OJK)coreOthers · 13 December 2019Regulatory licensing and supervision. Ammana is licensed as a P2P lending platform under KEP-123/D.05/2019 dated December 13, 2019, and operates under POJK No. 10/POJK.05/2022 regulations. This is a mandatory regulatory relationship for legal operation in Indonesia.
• Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI)coreOthersIndustry association membership. Ammana is a member of AFPI, the Indonesian P2P Lending Fintech Association, which sets industry standards and self-regulatory guidelines for member companies.
• PT Privy Identitas DigitalcoreTechnology or IntegrationElectronic signature service provider. Ammana users utilize Privy's certified electronic signature services and electronic certificate issuance as mandated by Indonesian law (PP No. 71/2019, Permenkominfo No. 11/2022). User data (KTP, selfie, phone number, email) is forwarded for registration.
• VIDA (PT VIDA Signature)coreTechnology or IntegrationCertified electronic signature provider (PSrE) registered with Ministry of Communication and Informatics. VIDA issues electronic certificates used for digital document signing on the Ammana platform, ensuring legal compliance with Indonesia's ITE Law.
• Partner Banks (BCA, BNI, Permata, BSI, Danamon, CIMB, BRI, Mandiri)coreChannel Partner/ Reseller/ DistributorBanking partners providing virtual account services, fund transfers, and payment collection. Multiple banks enable Ammana users to make repayments via ATM, mobile banking, internet banking, and teller services. Each bank has specific virtual account codes and payment procedures.
• Jokul (DOKU)supportingTechnology or IntegrationPayment processor for retail outlet transactions. Jokul by DOKU enables Ammana users to make cash payments at Alfamart, Alfa Midi, Alfa Express, and DAN+DAN retail outlets using code 92804.
• IndomaretsupportingChannel Partner/ Reseller/ DistributorConvenience store network for cash repayments. Users can pay at Indomaret outlets using code 92921, either through cashier or i-Kios self-service machines.
• Bank Syariah Indonesia (BSI)supportingChannel Partner/ Reseller/ DistributorIslamic banking partner for Sharia-compliant fund transfers. BSI Mobile, internet banking, and ATM services support Ammana virtual account payments with institution code 6059.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• KoinWorks: One of Indonesia's largest OJK-licensed P2P lending platforms serving SMEs and individuals. Comparable to Ammana on regulatory framework, digital origination platform, and target market, though KoinWorks operates conventional (non-Sharia) financing products.
• Investree: Indonesian OJK-licensed P2P lending platform offering supply-chain financing, working capital, and personal loans. Comparable to Ammana on regulatory classification, marketplace lending model, and Indonesian borrower base, with a more enterprise/SME skew.
• Mekar (PT Mekar Investama): Indonesian P2P lending platform with Sharia-aligned offerings, focusing on micro and small enterprise financing. Comparable to Ammana on OJK-regulated P2P model, target segment of unbanked/underbanked borrowers, and digital-first origination approach.
• Aktivaku: Sharia-compliant Indonesian P2P lending platform connecting funders with SME borrowers. Comparable to Ammana on regulatory classification, Sharia contract framework, and focus on productive/working-capital financing for underbanked segments.
• Alami Sharia: Indonesian Sharia-compliant P2P lending platform serving SMEs and individual borrowers. Directly comparable to Ammana on Sharia contract structure (Musyarakah/Mudharabah), OJK-regulated status, and target segment of underbanked Muslim-majority borrowers.
• Funding Societies | Modalku: Southeast Asia's largest SME-focused P2P lending platform operating in Indonesia as Modalku. Comparable to Ammana on OJK-regulated P2P lending model, fintech-based origination, and Indonesian underbanked/SME target market, though broader regional footprint.
• DanaSyariah: Indonesian Sharia P2P lending fintech under OJK supervision. Closely comparable to Ammana on Sharia-compliant product structure, digital onboarding, and target segment of Indonesian Muslim borrowers seeking interest-free financing alternatives.

Emerging players

• Akulaku: Indonesian/SE-Asia fintech providing BNPL and digital lending to underbanked consumers via mobile app. Comparable to Ammana on mobile-first onboarding, target segment of unbanked Indonesian borrowers, and use of alternative credit data for thin-file underwriting.

Broad incumbents

• Pegadaian: State-owned Indonesian pawnshop and microfinance institution providing collateral-based credit to underbanked populations. Comparable to Ammana on serving unbanked Indonesian borrowers with small-ticket, short-tenor credit products, though via physical branch rather than digital channels.
• Bank Syariah Indonesia (BSI): Indonesia's largest Islamic bank formed from merger of three Sharia banks. Comparable to Ammana on Sharia-compliant financial services targeting Indonesian Muslim consumers, and represents the dominant incumbent Ammana competes against for Sharia-aligned deposits, lending, and payments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ammana.official/?rdid=gEAvv2mDarASBfjC
• Instagraminstagram.com/ammana.id?igsh=aW1qZmhvMTg0ZTB4
• LinkedInlinkedin.com/company/pt-ammana-fintek-syariah

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ammana Fintek Syariah