Dentons HPRP assisted Accial Capital Management on the deal.
Accial Capital Management LLC, a US based tech-enabled investor, provided debt funding to Investree, a well grown successful fintech startup which focuses on serving small and medium scale businesses. Delivered in 2 stages, the debt facility has a value of US$12 million.
Investree was Accial’s first investment in Indonesia back in 2017 and the fintech startup has made impressive progress. Investree intends to use the funds to support its effort to resolve loan inequalities among MSMEs in Indonesia.
Accial Capital is an impact-focused, tech-enabled investor in small business and consumer loans. The company has been providing debt funding to successful and potential fintech startups focusing on small businesses in Latin America and SE Asia. As there is a large number of small and medium scale businesses in Indonesia which have not been touched by banks, Accial’s actions will have a significant impact.
A Dentons HPRP team led by Erwin Kurnia Winenda (Picture; Partner), supported by Ratna Ayu Sabrina Stamboel (Senior Associate) and Natasya Nurul Amalia (Asssociate) assisted Accial in the transaction.
Law Firms: Dentons;
Clients: Accial Capital;