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SINGAPORE / ACCESSWIRE / March 7, 2024 / Fairbanc, the Singapore and Silicon Valley based technology platform that enables B2B Embedded Finance for micro-businesses in Indonesia in collaboration with large consumer brands like Unilever, Danone, Nestle, and Xiaomi just secured $13.3M in off balance sheet debt financing from the Indonesian State Backed Pegadaian’s digital lending arm […]

“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in Singapore but focused on Indonesia. It allows small businesses to take out short-term credit to purchase fast-moving consumer goods (FMCG) inventory. Fairbanc announced today it has raised