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Re: None

Monday, 01/27/2020 1:47:35 PM

Monday, January 27, 2020 1:47:35 PM

Post# of 11958
So what does $22.5 million get you?

Might as well dream big.

Akseleran got their p2p up and running in October 2017. By June of 2018 they had disbursed $4.6 mil in loans. By September 2018 loans disbursed had totaled $7.7 mil. Did I mention they were doing this with $1.85 mil in pre-series A funding from June 2018.

Enter 2019, in February they received $2.5 mil in funding. In September they received $8.5 mil in funding.

Here is an article from last week:https://www.mime.asia/akseleran-pursues-profitability-in-2021-after-achieving-series-a-funding-from-beenext/

"Since it was first established in 2017, Akseleran has disbursed loans totaling more than Rp966 billion. Where Rp706 billion of which was distributed throughout 2019. This year, the Akseleran is targeting to channel loans to Rp2 trillion."

That translate for 2019 to $51,869,820 USD
With a projection for 2020 of $146,940,000 USD

All that from total funding of $12.85 mil in 2 years.

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