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Fairbanc Secures $3.13M from Indonesian State-Owned Bahana Artha Ventura to Boost SME Lending

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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

fairbanc.app 

Singapore, Singapore

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Press Release

VIXC Launches Major Upgrades: Smarter Search, One-Click Custom Albums, and More

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Washington, DC, United States, 11th Mar 2025, VIXC, the AI-driven photo search and management platform, has unveiled a sleek new interface along with innovative features designed to simplify photo organization and discovery like never before.

With advanced one-click search, smart auto-updating albums, and effortless sharing, VIXC is transforming the way users organize their treasured memories. The latest update also debuts Apparel Search by Color, enabling users to easily find photos based on clothing hues—an innovative feature for fashion enthusiasts, retailers, and photographers.

VIXC Launches Major Upgrades: Smarter Search, One-Click Custom Albums, and More

VIXC Unveils Cutting-Edge Features for Smarter Photo Management

  • SmartFind™ – Instantly locate photos using labels, location, age group, sentiment, people, and more.
  • Apparel Search by Color – Easily find images based on clothing colors, perfect for fashion enthusiasts and professionals.
  • One-Click Custom Albums – Create personalized albums effortlessly with a single click.
  • SmartAlbum™ – Generate dynamic albums that automatically update as new matching photos are added.
  • Easy Album Downloads – Download entire albums with neatly renamed files, streamlining organization.
  • Seamless Sharing – Share albums instantly via link or email invites for a hassle-free experience.
VIXC Launches Major Upgrades: Smarter Search, One-Click Custom Albums, and More

These upgrades reinforce VIXC’s position as a top AI-driven platform, offering seamless and intelligent photo management.

“VIXC is all about making photo organization effortless,” said VIXC Chief AI Strategist Officer. “With these upgrades, users can spend less time searching and more time reliving their favorite moments. We are also incredibly grateful for our hundreds of beta customers who generously took the time to provide feedback on what works and what they’d like to see. Their insights have been invaluable, and we won’t rest until we get it right.”

About VIXC

VIXC is an AI-powered platform transforming photo search and organization. With advanced recognition technology, it simplifies the way users find, manage, and share their memories.

For more information, visit www.vixc.com

For Media Inquiries:

Robin Cooley

rcooley@vixc.com

Media Contact

Organization: VIXC

Contact
Person:
Robin Cooley

Website:

https://www.vixc.com/

Email:

rcooley@vixc.com

City: Washington

State: DC

Country:United States

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Press Release

Introducing Channels: A New Feature on Short Flixx Social Media to Enhance User Experience!

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Manheim, PA, United States, 11th Mar 2025, Short Flixx, the innovative social media app proudly born in the USA, is excited to announce the launch of our new feature called “Channels.” This exciting addition will provide users with a separate space from the main video feed to share specific content. Initially, Channels will include food recipes and a dedicated area for intriguing “Did You Know?” facts, allowing users to share videos, pictures, and text in a creative way.

Introducing Channels: A New Feature on Short Flixx Social Media to Enhance User Experience!

“We are thrilled to introduce Channels as a way to enrich the user experience on Short Flixx,” said Stephen Lowe, Founder at Short Flixx. “This feature will allow our community to explore diverse content while keeping the main feed focused on creative videos.”

As Short Flixx is proudly developed in the USA, users can have confidence in our commitment to data privacy, national security, and a stable geopolitical environment. With the unknown circumstances surrounding other social media platforms, Short Flixx is well-positioned to rise to the occasion as a vibrant alternative for users seeking a safe and engaging platform for creative expression.

Short Flixx is committed to providing a 100% safe environment for all users. Recently, we have implemented adult moderation to enhance user safety and ensure a positive experience for everyone in our community.

For inquiries, please reach out to slowe@shortflixx.com. The Short Flixx app is available for free in both the Google Play Store and Apple App Store. Download our app today and help our community grow!

https://apps.apple.com/us/developer/shortflixx-llc/id1765293295

https://play.google.com/store/apps/developer?id=SHORTY+FLIXX

About Short Flixx:
Short Flixx is a unique social media app designed for users to create, share, and enjoy short videos. With a focus on creativity, community, and safety, Short Flixx empowers individuals to express themselves through engaging content while connecting with others.

Media Contact

Organization: Short Flixx

Contact
Person:
Short Flixx

Website:

Home Startup

Email:

slowe@shortflixx.com

Contact Number: 17175751163

City: Manheim

State: PA

Country:United States

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THE PLOT THICKENS: DON ABRAM HARRIS HONORS HIS FATHER’S LEGACY WITH A HISTORIC LAUNCH AT PCA 2025

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Upper Marlboro, MD, United States, 11th Mar 2025, – From the fields of history to the forefront of the cigar industry, Don Abram Harris, the youngest of 4 brothers and 1 sister, is set to redefine a legacy that runs deeper than he ever imagined. As the son of Joseph J. Harris (born November 26, 1926) and Lucille Harris (born September 16, 1935), Don Abram Harris grew up hearing his father’s haunting yet powerful stories of working in the tobacco fields—hanging, cutting, and toiling under the Southern sun.

At the time, those stories seemed like just memories passed down, unconsciously absorbed. But as years went by, Don Abram Harris began to realize their deeper significance. His father’s sacrifices, his resilience, and his relentless spirit had laid the groundwork for something much greater.

Now, in a full-circle moment, Don Abram Harris is preparing to unveil The Real Marlboro Man at the PCA Trade Show, April 11-14, 2025, in honor of his father’s legacy. This launch is more than a business move—it’s a tribute, a declaration, and a recognition of the journey that began long before Don Abram Harris himself stepped into the cigar industry.

“Dad, I didn’t forget.”

Those are the words that will echo through the trade show floor as Don Abram Harris brings to life a vision shaped by generations before him. A new era is coming, and with it, a story that refuses to be forgotten.

THE PLOT THICKENS: DON ABRAM HARRIS HONORS HIS FATHER’S LEGACY WITH A HISTORIC LAUNCH AT PCA 2025

About Don Abram Harris:

Don Abram Harris is a pioneering figure in the cigar industry, recognized as the first African American cigar manufacturer in the U.S. With over 16 years of experience in cigar manufacturing, he continues to push boundaries, honouring the past while shaping the future. His upcoming launch at PCA 2025 is a testament to legacy, perseverance, and the power of remembering where we come from.

For media inquiries, interviews, or more information about the launch, contact:

Don Abram Harris

abram@dahcigars.com 

(240) 750-7636

www.donabramharris.com

Media Contact

Organization: Don Abram Harris Cigars

Contact
Person:
Don Abram Harris Cigars

Website:

https://donabramharris.com/

Email:

support@dahcigars.com

City: Upper Marlboro

State: MD

Country:United States

The post THE PLOT THICKENS: DON ABRAM HARRIS HONORS HIS FATHER’S LEGACY WITH A HISTORIC LAUNCH AT PCA 2025 appeared first on
Brand News 24.
It is provided by a third-party content
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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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