Mekar
- Company typePrivate
- Founded2019
- HeadquartersJakarta, Indonesia
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
Mekar firmographics
Firmographics- Name
- Mekar
- Legal name
- PT Mekar Investama Teknologi
- Website
- https://mekar.id
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Mekar industry classification
Industry- Product category
- P2P Lending Platform
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231), Credit Intermediation and Related Activities (522)
- SIC
- Loan Brokers (6163), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
- akta.pro secondary industry
- SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
Keywords
Where Mekar is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Mekar business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- P2P Lending Transaction Fees: Mekar facilitates peer-to-peer lending between lenders and borrowers. The platform earns revenue through transaction fees on loans facilitated through the platform, connecting lenders seeking returns with MSMEs needing financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Lender returns up to 12.5% per annum |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Mekar product offering
Product offeringCore offering
Mekar operates a web-based peer-to-peer lending platform that connects lenders with Indonesian micro, small, and medium enterprises (MSMEs). The platform works through partner credit cooperatives, rural banks, and financial institutions with approximately 300 branches across Indonesia that source, screen, and pre-fund borrowers; Mekar then selects the lowest-risk loans for lenders to finance. Lenders can earn returns up to 12.5% per annum, and the offering is regulated under OJK and held to ISO 27001 data security standards.
Product overview
Mekar operates as a unified peer-to-peer lending platform offering a suite of products including the Mekar Platform (web-based P2P lending marketplace), Microlending Service (purpose-driven loans for MSMEs including working capital and invoice financing), Lender Dashboard (Funder Portal for institutional and individual lenders), Borrower Portal, and Whistleblowing System. The platform connects lenders seeking returns with Indonesian small businesses needing financing, operating under PT Mekar Investama Teknologi (acquired by Linkki Singapore in January 2024).
Differentiator
Problem solved
Functional benefit
Products and services
- Mekar P2P Lending Platform Web-based peer-to-peer lending platform accessible at mekar.id that connects individual and institutional lenders with Indonesian MSMEs through a network of partner cooperatives and rural banks.
- Mekar Microlending Service Purpose-driven loan products for Indonesian MSMEs and small businesses, including working capital loans and invoice financing for growth-minded businesses.
- Mekar Lender Dashboard (Funder Portal) Web-based portal for individual and institutional lenders to browse, select, and fund MSME loans, offering returns up to 12.5% per annum with principal protection.
- Mekar Borrower Portal Platform interface through which MSME borrowers, sourced via Mekar's partner cooperative network, apply for and manage their loans.
Quantifiable outcome
- 98.85% of loans are productive loans
- +5 more outcomes
Companies that use Mekar
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Mekar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Mekar partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and supporting.
- Akulaku FinancecoreAkulaku Finance serves as an institutional lender partner on the Mekar platform, providing funding to Indonesian MSMEs through the P2P lending arrangement.
- Credit SaisoncoreCredit Saison is an institutional lender partner providing capital to fund loans on the Mekar platform.
- BSSsupportingBSS serves as an advisor to Mekar, providing strategic guidance and consulting services.
- PKFsupportingPKF serves as Mekar's auditor for financial reporting and compliance purposes.
- PefindosupportingPefindo is a credit bureau partner that provides credit information and risk assessment services.
- PrivysupportingPrivy provides digital signature services for secure electronic document signing on the platform.
- InstamoneysupportingInstamoney serves as a payment gateway partner for processing transactions on the Mekar platform.
- BNI (Bank Negara Indonesia)coreBNI provides escrow account services for holding and managing loan funds as required by OJK regulations.
Scale indicators13 records
Recent moves7 records
Expansion highlights4 records
Mekar competitors and assessment
Company assessmentDirect peers
- Amartha: Indonesian P2P lending platform focused on MSME financing for women entrepreneurs. Highly comparable to Mekar in target borrower segment, Indonesian geography, and focus on productive / sharia-compliant micro-lending.
- KoinWorks: One of Indonesia's largest P2P lending platforms offering SME and consumer financing. Direct competitor to Mekar in Indonesian MSME lending with overlapping institutional-lender model and OJK license.
- Investree: Indonesian P2P lending marketplace connecting institutional lenders with SMEs. Comparable to Mekar in business model, OJK-regulated status, and SME borrower segment.
- Funding Societies (Modalku): Southeast Asian P2P lending platform serving SMEs in Indonesia, Singapore and other markets. Directly comparable business model and MSME/SME focus; one of the better-capitalized players in the regional P2P space.
- Taralite: Indonesian P2P lending platform for individual and institutional lenders funding SME borrowers. Comparable scale and OJK-regulated P2P model.
- DanaKita: Indonesian P2P lending marketplace for MSME and productive-loan financing. Direct peer in OJK-licensed P2P lending space serving Indonesian SMEs.
- Komunal (formerly Danamas): Indonesian P2P lending platform for SME financing, OJK-licensed. Comparable in target segment, regulatory status, and P2P intermediation model.
Broad incumbents
- Akulaku: Indonesian consumer fintech and digital lending platform. Comparable because Akulaku Finance is also a Mekar institutional-lender partner; the company operates a broader consumer-finance and BNPL portfolio rather than pure P2P.
Regional players
- Crowdo: Southeast Asian P2P lending platform operating in Indonesia, Singapore and other ASEAN markets. Comparable P2P business model with focus on SME financing, regional rather than Indonesia-only.
Emerging players
- Aspire: Southeast Asian fintech offering working capital and SME lending. Comparable SME-targeting model though more B2B/fintech-vendor focused than retail P2P.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mekar social profiles
Digital presenceMekar compliance and trust
Trust signalCompliance1 record
Mekar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mekar leadership team
Management profileNumber of profiles
Profiles4 records
Mekar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mekar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mekar
What does Mekar do?
Mekar operates a web-based peer-to-peer lending platform that connects lenders with Indonesian micro, small, and medium enterprises (MSMEs). The platform works through partner credit cooperatives, rural banks, and financial institutions with approximately 300 branches across Indonesia that source, screen, and pre-fund borrowers; Mekar then selects the lowest-risk loans for lenders to finance. Lenders can earn returns up to 12.5% per annum, and the offering is regulated under OJK and held to ISO 27001 data security standards.
Is Mekar a public or private company?
Mekar is a private company. It is classified as corporate owned and is currently operating.
When was Mekar founded?
Mekar was founded in 2019. It employs 1 to 10 people.
Where is Mekar based?
Mekar is headquartered in Jakarta, Indonesia, in the Asia region.
How does Mekar make money?
One revenue line is on record: P2P Lending Transaction Fees.
Who are Mekar's main competitors?
Direct peers on record are Amartha, KoinWorks, Investree, Funding Societies (Modalku), Taralite, DanaKita and Komunal (formerly Danamas). Akulaku is listed as a broad incumbent. Crowdo is listed as a regional player. Aspire is listed as an emerging player.
Does Mekar have an API?
No public API is recorded for Mekar.
What industry is Mekar in?
Mekar's product category is P2P Lending Platform. Its primary akta.pro industry code is FSAKAGAI, SBA/Government-Backed & Development Finance Loans, with a secondary code of FSAEAEAI, SBA/USDA Government-Backed Loan Intermediation. Its NAICS code is 52231 and its SIC code is 6163.