Peer-to-peer (P2P) lending platform in Indonesia Amartha According to the company, the company has completed the acquisition of PT Bossois Multi Finance, a leasing company that was previously part of the Bossois Group conglomerate. deal street asia.
The deal was completed through PT Amarsa Nusantara Raya (ANR), the holding company that oversees Amarsa’s businesses, including its P2P lending platform and credit scoring arm Ascore.
The acquisition reflects Amartha’s dual focus on expanding its market presence and strengthening its ability to provide customer-focused financial solutions.
According to CEO Andi Taufan Garuda Putra, the company aims to leverage its broad portfolio of business licenses to address a variety of sectors and develop products that directly address the needs of its customers and partners.
While Amartha is diversifying its offering, it remains steadfast in its commitment to the productive economic sectors that form the backbone of its business.
This segment continues to drive the majority of the company’s revenues and has significant growth potential, increasing Amartha’s focus before seeking broader diversification.
Founded in 1994, Bosowa Multi Finance provides financing solutions across investment, working capital and multi-purpose categories.
According to the latest financial report, assets are 107 billion rupiah, liabilities are 16.66 billion rupiah, and equity is 90.22 billion rupiah.
Featured image credit: Edited from freepic
