What SINGA FINTECH does

Singa Fintech (legally PT Abadi Sejahtera Finansindo) is an Indonesia-based peer-to-peer lending platform licensed by the Otoritas Jasa Keuangan (OJK) under license KEP-47/D.05/2020 and regulated under POJK No. 10/POJK.05/2022. The company operates two mobile applications: Singa Fintech for individual borrowers to apply for unsecured loans of Rp 1 million to Rp 48 million at a 0.3% daily interest rate with 90-120 day tenors, and SingaFund for individual and institutional lenders seeking 12-18% annual returns by funding verified borrower loans. The platform is mobile-first, distributing exclusively through the Google Play Store and Apple App Store, with self-serve onboarding that includes KYC via KTP and liveness detection-based biometric identity verification.

The technology stack comprises native iOS and Android applications integrated with OJK's SLIK credit information system for borrower verification, real-time credit scoring infrastructure, and a public TKB90 (Tingkat Keberhasilan Bayar 90 hari) loan performance transparency dashboard. Loan disbursement and repayment processing is enabled through virtual account infrastructure at five Indonesian banks (BRI, BNI, BCA, Permata, Mandiri), with additional cash repayment channels via Xendit-integrated Alfamart retail points. The platform holds four ISO certifications (ISO 27001:2022 information security, ISO 20000-1:2018 IT service management, ISO 37001:2016 anti-bribery, ISO 9001:2015 quality management) and is a member of AFPI, the Indonesian P2P lending industry association. Since inception, Singa has served 10.2 million cumulative users and disbursed Rp 7.5 trillion in loans, with a current 4.8/5.0 app store rating and a 67.98% TKB90 on-time repayment rate.

Revenue is generated primarily through interest income on outstanding loans at the OJK/AFPI-capped 0.3% daily rate, plus platform service fees (processing fees, late payment penalties capped at 0.3% daily, and early repayment discounts of 10-30% for active members). Customer acquisition is product-led via mobile app stores with supplementary social media channels (Instagram, TikTok, Facebook, LinkedIn, X/Twitter, WhatsApp) and content marketing through the singafund.id blog. The company is headquartered in Tangerang, Banten, operating from two office locations within the Foresta Business Loft complex. No external investors, parent company, subsidiaries, or specific founding year are disclosed in available sources.

Name

SINGA FINTECH

Legal name

PT Abadi Sejahtera Finansindo

Website

https://singa.id

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Singa Fintech (PT Abadi Sejahtera Finansindo) is an Indonesian OJK-licensed peer-to-peer lending platform operating two mobile applications—Singa Fintech for individual borrowers seeking unsecured loans up to Rp 48 million, and SingaFund for lenders earning returns through P2P lending.

Ownership category

akta.pro rank

Product category

P2P Consumer Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Nondepository Credit Intermediation (5222)

SIC

Loan Brokers (6163), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Lending & Working Capital Platforms (FSAGAJAA)

akta.pro secondary industry

SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM)

Keywords

• Peer-to-peer lending
• Consumer digital loans
• Mobile lending platform
• Unsecured personal loans
• P2P lending marketplace

Headquarters

HQ city

Tangerang

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, Others

Revenue model

1. Interest Income from Loans: Singa Fintech generates revenue primarily from interest charged on cash loans at 0.3% per day (approximately 109.5% annual rate), which is the maximum allowed under POJK No. 40/2024 and AFPI guidelines. Interest accrues daily on outstanding principal throughout the loan tenor period.
2. Platform Service Fees: Service and administrative fees charged for loan processing, late payment penalties, and early repayment discounts (10-30%). Fees are disclosed transparently upfront during the application process and comply with SEOJK No. 19/SEOJK.06/2025 regulations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

SINGA FINTECH operates an OJK-licensed peer-to-peer lending marketplace that connects individual borrowers seeking short-term unsecured loans (Rp 1,000,000 to Rp 48,000,000 at 0.3% daily interest, 90–120 day tenors) with individual and institutional lenders providing funding through the SingaFund application. The platform delivers end-to-end digital loan origination, KYC with liveness detection, virtual account-based disbursement and repayment, and a public TKB90 performance dashboard, all accessible via iOS and Android mobile apps.

Product overview

SINGA FINTECH operates a peer-to-peer (P2P) lending platform consisting of two integrated products: Singa Fintech (for borrowers seeking unsecured loans) and SingaFund (for lenders/investors providing funding). The platform facilitates direct lending between parties through technology, offering loans up to Rp 48 million with 0.3% daily interest rates and tenors of 90-120 days. Both products are regulated by Indonesia's Financial Services Authority (OJK) and are built on the same infrastructure with shared security features including ISO certifications.

Differentiator

Problem solved

Functional benefit

Brands

• SingaFund: Lending application for lenders/investors to provide P2P funding. Available on Google Play Store and App Store with package ID com.asf.lender.

Products and services

• Singa Fintech Borrower App Mobile application for Indonesian individual borrowers aged 18–64 to apply for unsecured, no-collateral cash loans ranging from Rp 1,000,000 to Rp 48,000,000 at 0.3% per day interest with 90–120 day tenors. Includes digital KYC with liveness detection, SLIK-integrated credit scoring, virtual account disbursement and repayment, and a public TKB90 performance dashboard.
• SingaFund Lender App Mobile application for individual and institutional lenders to fund borrower loans on the Singa P2P marketplace, targeting 12–18% annualized returns through portfolio management, reinvestment tools, and access to the real-time TKB90 loan performance transparency dashboard.

Quantifiable outcome

• 67.98% TKB90 loan repayment success rate
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core.

• Bank BRIcoreTechnology or IntegrationBank partner for virtual account disbursements and loan repayment processing. Borrowers can transfer payments to designated Bank BRI virtual account numbers (132824236xxxxxx) for loan repayments.
• Bank BNIcoreTechnology or IntegrationBank partner for virtual account payment processing. Borrowers use Bank BNI virtual account (89304236xxxxxxx) for loan repayment transactions through the platform.
• Bank BCAcoreTechnology or IntegrationBank partner for virtual account services enabling loan disbursement and repayment processing. Virtual account number format: 381654236xxxxxx.
• Bank PermatacoreTechnology or IntegrationBank partner providing virtual account infrastructure for payment processing. Account format: 7265xxxxx for loan repayment transactions.
• Bank MandiricoreTechnology or IntegrationBank partner for virtual account payment processing. Virtual account number: 889084236xxxxxx for loan repayment through the Singa Fintech platform.
• XenditcoreTechnology or IntegrationPayment gateway provider enabling Alfamart retail payment option (SMExxxx) for borrowers who prefer cash-based repayment at convenience stores.
• Otoritas Jasa Keuangan (OJK)coreOthersRegulatory authority overseeing P2P lending operations under POJK No. 10/POJK.05/2022. Singa Fintech holds operating license KEP-47/D.05/2020 and is subject to ongoing regulatory supervision.
• Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI)coreOthersIndustry association for P2P lending platforms in Indonesia. Singa Fintech is a member, adhering to AFPI guidelines on interest rate caps, ethical collection practices, and industry standards.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• AdaPundi: Indonesian OJK-licensed P2P lending platform focused on small-ticket consumer loans to underbanked borrowers. Comparable product offering, regulatory framework, and Indonesian retail borrower segment.
• Julo: Indonesian OJK-licensed digital lending app offering cash loans and paylater products to underbanked consumers. Comparable on borrower target segment, mobile-first delivery, OJK supervision, and short-tenor unsecured product set.
• KoinWorks: One of Indonesia's largest OJK-licensed P2P lending platforms offering both borrower and lender sides (KoinWorks, KoinDonasi). Directly comparable as a regulated Indonesian two-sided P2P marketplace with similar loan size ranges and borrower segments.
• Investree: Indonesian OJK-licensed P2P lending platform historically focused on SME financing, with a lender-side marketplace. Comparable on regulatory framework, two-sided P2P model, and Indonesian retail/SME target market.
• Kredit Pintar: Indonesian P2P/digital lending platform serving underbanked consumers with small unsecured cash loans via mobile app. Comparable product, target borrower, regulatory framework, and digital-only delivery.
• Tunaiku (Amar Bank): Digital micro-loan product of Amar Bank offering uncollateralized cash loans to Indonesian borrowers via mobile app. Comparable product (unsecured short-tenor cash loans), target borrower (underbanked Indonesian consumers), and digital-only delivery model.

Regional players

• Funding Societies (Modalku): Leading Southeast Asia P2P/SME lending marketplace operating across Indonesia (as Modalku), Singapore, Malaysia, Thailand and Vietnam. Comparable two-sided P2P marketplace model and technology stack, with cross-border SEA footprint and primarily SME focus.

Broad incumbents

• Kredivo: Indonesian digital credit and paylater provider serving underbanked consumers with instant credit at checkout and cash loans. Comparable target borrower and digital credit model, with a broader product suite and partnerships with major Indonesian e-commerce players.
• Akulaku: Established Southeast Asian fintech offering consumer credit, BNPL, and digital banking across Indonesia and other SEA markets. Comparable as a larger incumbent in the Indonesian digital consumer credit space with overlapping borrower segments and broader product portfolio.

Emerging players

• Pinjaman (Pinjam Modal): Indonesian digital lending aggregator/operator distributing small unsecured cash loans to consumers. Comparable product and target borrower; an emerging competitor intersecting with Singa's underbanked consumer loan segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/singa_fintech
• YouTubeyoutube.com/@singafintech
• Facebookfacebook.com/singafintech
• LinkedInlinkedin.com/company/abadisejahterafinansindo
• Instagraminstagram.com/singa.id
• TikToktiktok.com/@singa.fintech

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 SINGA FINTECH