What is Investree? Investree Review, Features

Investree is a P2P lending platform that provides loan solutions for business financing and employee loans.

About Investree

• Investree (PT Investree Radhika Jaya) is a Jakarta-based fintech startup that is an online marketplace for those who want to invest and those who want to borrow money. The solution is to build a peer-to-peer (P2P) lending platform to connect those who want to invest with those who want to borrow money. P2P lending is an online lending practice where investors will manage the loan process by verifying the borrower's credit, facilitating funds between borrowers and investors, and recording the legal loan agreement.

• As a large online lending information matching platform in Indonesia, Investree is committed to connecting businesses or individuals seeking financial assistance with lenders, providing a full range of solutions including commercial finance and private lending. In the past few years, Investree has invested in its subsidiary Investree Syariah and launched many financial products, and was therefore selected by the Indonesian Ministry of Finance as the only official loan P2P provider for government bond sales.

Core Features

The core function of Investree is invoice financing.

Here's how Investree works: A small business is waiting for a payment from a customer, but it doesn't happen until the end of the month. This is where the Investree lender steps in. They pay the business owner the invoice amount immediately. Once the customer's payment comes through, the lender gets the funds back -- with interest, of course, which is usually 1.2% per month.

The site also charges a 3% to 5% loan seeker administration fee.

Investree also offers various employee loans, such as for buying a motorcycle, renovating a home, or for medical treatment. These loans are only available to companies that Investree has established a partnership with. The loan ranges from $385 to $3,850.

Financing

-In June 2016, Investree received Series A funding from local venture capital firm Kejora.

-In August 2018, Indonesian P2P company Investree announced the closure of its Series B investment in a round led by SBI Holdings and joined by Mandiri Capital Indonesia, Persada Capital, Endeavor Catalyst, 9F Fintech Holdings Group and previous backer Kejora Ventures.