Press Release
Fairbanc Secures $3.13M from Indonesian State-Owned Bahana Artha Ventura to Boost SME Lending
Singapore, 18 December 2024 – Fairbanc, a Singapore and Silicon Valley-based fintech platform specializing in B2B supply chain financing in Indonesia, has secured $3.13 million (IDR 50 billion) in funding from Indonesian state-owned Bahana Artha Ventura (BAV). The investment will support Fairbanc’s expansion in SME lending and enhance its operations.
Bahana Artha Ventura, part of the state-owned IFG Group which manages over $20 billion in assets, focuses on fostering high-growth and innovative startups in fintech and technology. Agus Wicaksono, President Director of BAV, stated, “Fairbanc’s technology and data-driven approach to credit will enable us to target SMEs in need of growth capital. We are confident this partnership will evolve into a scalable SME lending platform for BAV.”
The funding comes as Fairbanc nears profitability, financing over 250,000 merchants across Indonesia. This investment adds to a
successful year for Fairbanc, with over $40 million raised from prominent investors, including SMBC, Pegadaian (BRI Group). Additionally, Fairbanc raised equity capital from the Asian Development Bank, East Ventures, OakDrive Venture, Lippo Group, 500 Global, Accion Venture Labs, and Indonesian billionaire Michael Sampoerna.
Agus Wicaksono, the President Director of BAV and Mir Haque, Founder & CEO of Fairbanc / Photo credit: Fairbanc
Fairbanc’s technology leverages AI and machine learning to extract credit scores by connecting with Big Data from the major brands’ ERP systems, including Unilever, Danone, and Nestlé. Founded in 2019 by Mir Haque, a Wharton MBA with experience at Google, Adobe, McKinsey, and Deutsche Bank, Fairbanc aims to address financial inclusion challenges in emerging markets. According to a Unilever survey, 80% of Fairbanc’s beneficiaries are unbanked, and 70% are women merchants who report a 35% average increase in sales due to Fairbanc’s BNPL technology.
Fairbanc-BAV Signing Ceremony / Photo credit: Fairbanc
With a mission to serve the fourth-largest unbanked population globally, Fairbanc views Indonesia as a launchpad for scalable credit solutions, with plans to expand into Vietnam and the Philippines in partnership with Unilever. “We see this as a tremendous opportunity to uplift millions of underserved merchants out of poverty while driving economic revitalization,” said Mir Haque, Founder and CEO of Fairbanc.
For media inquiries,
contact: mir@fairbanc.app
Singapore, Singapore
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
A Omega Fence Company Highlights the Importance of Expert Craftsmanship in Fence Installation and Repair
Trusted South Jersey fencing company underscores the value of professional expertise for durable, secure, and aesthetically pleasing fences.
South Jersey, NJ, 19th December 2024, ZEX PR WIRE, A Omega Fence Company, a leader in residential and commercial fencing solutions with over 35 years of experience, is shining a spotlight on the critical role of expert craftsmanship in fence installation and repair. Renowned for delivering high-quality fencing that combines functionality and style, A Omega Fence Company emphasizes that skilled installation and maintenance are key to ensuring a fence’s longevity, performance, and overall appeal.
“Fences do more than mark boundaries—they provide security, privacy, and curb appeal,” said a spokesperson for A Omega Fence Company. “But achieving these benefits starts with professional craftsmanship. A poorly installed or repaired fence can quickly compromise its structural integrity, safety, and aesthetics. That’s why we’re committed to offering meticulous installation and repair services, backed by decades of expertise, to ensure every fence not only meets but exceeds our customers’ expectations.”
A Omega Fence Company’s commitment to excellence begins with their approach to each project. Whether working with vinyl, metal, wood, or other materials, their team of specialists carefully evaluates the site, recommends suitable designs, and applies precision installation techniques. This attention to detail ensures that fences are sturdy, well-aligned, and able to withstand the elements over time.
For fence repairs, A Omega Fence Company utilizes advanced tools and techniques to address issues ranging from minor damage to significant structural concerns. Their goal is to restore functionality and appearance while extending the life of the fence.
The company also educates property owners about the advantages of professional craftsmanship, particularly in preventing common issues like sagging gates, misaligned posts, and warping panels. A Omega Fence Company highlights the importance of using high-quality materials and expert techniques to avoid costly repairs and replacements in the future.
“At A Omega Fence Company, we believe in doing it right the first time,” the spokesperson added. “Our dedication to expert craftsmanship reflects our commitment to customer satisfaction. Whether it’s a new installation or a repair project, we treat every fence as if it were our own, ensuring durability, functionality, and beauty.”
In addition to installation and repair, A Omega Fence Company offers maintenance services designed to preserve fences’ structural integrity and appearance. These services help property owners protect their investment, ensuring that fences continue to enhance their properties for years to come.
About A Omega Fencing Company
A Omega Fencing Company has been a trusted name in South Jersey for over three decades, specializing in vinyl and metal fencing solutions for residential and commercial properties. With a focus on craftsmanship, customer service, and innovation, the company delivers durable and attractive fencing options that meet the diverse needs of its clients. A Omega Fencing Company remains dedicated to enhancing properties while promoting environmentally responsible practices that benefit future generations.
Contact A Omega Fencing Company
Website: https://aomegafence.com/
Phone: 856-728-3708
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
A Omega Fencing Company Advocates for Durable and Sustainable Fencing Solutions
Industry leader champions eco-friendly practices and long-lasting fencing materials to support environmental and customer goals.
South Jersey, NJ, 19th December 2024, ZEX PR WIRE, A Omega Fencing Company, a trusted provider of quality fencing solutions for over 35 years, is proud to reaffirm its commitment to promoting sustainable and durable fencing options. As concerns about environmental impact and long-term value continue to grow, A Omega Fencing Company is taking proactive steps to meet the evolving needs of customers while supporting eco-conscious practices within the industry.
Recognized for its premium vinyl and metal fencing options, A Omega Fencing Company combines expert craftsmanship with innovative approaches to deliver fencing solutions that are not only visually appealing but also environmentally responsible. The company focuses on materials that are built to last, reducing the need for frequent replacement and minimizing waste over time.
“Sustainability is not just a buzzword for us—it’s a responsibility,” said a spokesperson for A Omega Fencing Company. “We are committed to providing fencing solutions that enhance our customers’ properties while being mindful of the planet. Durable materials and sustainable practices are at the core of our approach, ensuring that our products deliver exceptional performance and longevity while contributing to a healthier environment.”
Eco-Friendly Practices and Materials
A Omega Fencing Company prioritizes the use of recyclable materials, such as vinyl, which offers a low-maintenance and long-lasting alternative to traditional fencing. Vinyl fencing requires no chemical treatments and is resistant to rot, rust, and pests, making it a sustainable choice for both residential and commercial applications. Additionally, the company offers metal fencing options crafted from high-quality aluminum and steel, which are not only durable but can also be recycled at the end of their life cycle.
Benefits of Sustainable Fencing
By investing in durable fencing materials, customers benefit from:
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Cost Efficiency: Long-lasting materials reduce the need for repairs and replacements, saving money over time.
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Reduced Environmental Impact: Less frequent replacements result in fewer resources consumed and less waste generated.
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Enhanced Property Value: High-quality, sustainable fencing solutions improve aesthetics and functionality, adding long-term value to properties.
Educational Outreach and Customer Support
In addition to offering eco-friendly fencing options, A Omega Fencing Company is dedicated to educating customers about the benefits of sustainable choices. Their team of experts works closely with clients to assess their needs, recommend the most suitable materials, and guide them in selecting options that align with their environmental values and budget.
A Commitment to the Future
As a leader in the fencing industry, A Omega Fencing Company aims to set an example by continuously improving its practices and exploring new ways to reduce environmental impact. From sourcing high-quality materials to streamlining installation processes, the company is committed to making sustainability an integral part of its operations.
About A Omega Fencing Company
A Omega Fencing Company has been a trusted name in South Jersey for over three decades, specializing in vinyl and metal fencing solutions for residential and commercial properties. With a focus on craftsmanship, customer service, and innovation, the company delivers durable and attractive fencing options that meet the diverse needs of its clients. A Omega Fencing Company remains dedicated to enhancing properties while promoting environmentally responsible practices that benefit future generations.
Contact A Omega Fencing Company
Website: https://aomegafence.com/
Phone: 856-728-3708
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Powerledger’s TraceX introduces a new feature allowing REC price negotiations
California, US, 19th December 2024, ZEX PR WIRE, Powerledger’s renewable energy certificate (REC) trading marketplace, TraceX launches the Counter-Offer feature to offer REC price negotiations. This new feature lets buyers and sellers negotiate REC prices on sell orders, breaking away from rigid, pre-set pricing structures.
With the Counter-Offer feature, TraceX transforms the traditional REC trading model, allowing participants to move beyond set pricing and volume. This increased flexibility helps buyers secure cost-competitive RECs aligned with their sustainability budgets, while sellers can achieve more favorable margins that reflect current market demand.
Benefits of TraceX’s counter offer feature for REC pricing flexibility:
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Increased revenue potential for renewable energy generators: Using the Counter-Offer feature, clean energy generators gain stronger revenue potential by negotiating directly with buyers and reaching more profitable agreements faster.
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Cost efficiency for corporate & industrial REC buyers with sustainability goals: This feature enables corporate & industrial (C&I) REC buyers to get better control over their REC purchase strategy. Businesses with sustainability goals can now negotiate prices directly on sell orders, ensuring cost-efficient green energy procurement and better alignment with their sustainability goals.
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Better alignment with clients’ goals for brokers: Brokers can act on behalf of clients to negotiate deals that deliver optimal outcomes, ensuring better alignment with market conditions and client goals.
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Faster trade completion: Provides great flexibility for a match in the market while optimizing prices. Delivering better market alignment.
The Counter-Offer feature goes beyond REC price negotiations; it encourages faster trade completion and REC price optimization for better market alignment, benefiting both REC sellers and buyers in their sustainability journey.
“We’re committed to making TraceX a truly collaborative REC marketplace that brings together generators, brokers, corporate and industrial buyers, and utilities. By fostering active participation and enabling dynamic pricing and negotiation, we aim to maintain market competitiveness and ensure alignment with current market conditions. At its core, this approach focuses on reducing inefficiencies and shaping a marketplace that is both flexible and dynamic,” says Fiona Tiller, CEO, TraceX, Powerledger.
About Powerledger
Powerledger is a software company that leverages blockchain technology to solve pressing energy challenges, enabling customers to access and trade cheaper, cleaner electricity and trade environmental commodities. Power utilities, governments, and large corporations use Powerledger’s solutions to be at the forefront of the energy transition by tracking, tracing, and trading every kilowatt hour of energy and trading of RECs. Headquartered in Zug, Powerledger is recognized as one of the top 50 companies in Crypto Valley, Switzerland.
About TraceX
TraceX by Powerledger is an environmental commodities marketplace that uses cutting-edge technology to enhance transparency in renewable energy certificates trading. Generators use TraceX to track Environmental Attribute Certificates (EACs) from issuance through to sale, transfer and retirement for the end buyer. Companies with ESG goals can use the platform to track ownership, hold certificates for resale, or retire them to meet annual sustainability targets. TraceX is powered by cutting-edge technology to improve the reliability and transparency of energy credits.
Twitter – https://x.com/PowerLedger_io
LinkedIn – www.linkedin.com/company/power-ledger
Facebook – www.facebook.com/powerledger
Youtube – www.youtube.com/@powerledger2634
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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