ALAMI Reportedly Bags 252 Billion Rupiah Series B Funding Led by Quona Capital

ALAMI P2p lending startup is reportedly received $17.5 million (approximately 252 billion Rupiah) series B funding led by Quona Capital through the Accion Quona Inclusion fund.

According to DailySocial's source, some Middle East venture capitalists and angel investors are participated in this round. It was also backed by East Ventures, AC Ventures, and K9 Industries.

We tried to contact ALAMI's representative, however, they declined to comment on the matter.

Quona Capital is ALAMI's existing investor of a $20 million funding round in equity and debt earlier this year. The round was led by AC Ventures and Golden Gate Ventures.

Quona has also led and been involved in several fundings for other local startups, including KoinWorks (2019, 2020), Julo (2019), Ula (2020, 2021), and BukuWarung (2020).

Developing digital bank

In a previous interview with DailySocial, ALAMI's Co-Founder Dima Djani explained that the group is preparing to launch Bank Hijra to the public. Currently, the waiting list still open for interested prospective customers.