SuperAtom

SuperAtom is a fintech firm specializing in online lending and installment financing services through a fully digital platform, primarily serving individuals in Indonesia. Founded in 2018, SuperAtom operates as a fintech company that provides online lending solutions. Based in Jakarta, Indonesia, the company has completed two deals with its most recent significant investment being a Series C funding round, raising USD 22. 00 mn on July 27, 2022, led by Nue3 Capital.

SuperAtom has not undergone any strategic pivots or significant operational changes since its inception, emphasizing its core mission in the financial services sector. UangMe is a fintech company under SuperAtom that offers online lending and installment financing services through a digital platform, primarily catering to individuals in Indonesia. Its flagship product is peer-to-peer lending, enabling users to obtain personal loans without any physical documents. The application process is efficient, typically taking five minutes, with approvals granted in under one minute and funds transferred to users' bank accounts promptly after approval.

UangMe addresses urgent financial needs such as educational expenses and medical bills, particularly during challenging periods like the COVID-19 pandemic, serving a diverse clientele of both salaried employees and self-employed individuals. UangMe generates revenue from interest on loans provided via its platform, with loan amounts reaching up to Rp 20 million and repayment terms spanning from 30 days to six months. The service is structured as direct-to-consumer, allowing individuals to borrow and repay based on agreed terms. Customers utilize UangMe not only for personal loans but also for bill payments, integrating its services into their financial management.

The interest rates are competitive, supporting a broad user base that values quick and efficient access to funds. UangMe has secured licensing and oversight from the Otoritas Jasa Keuangan (OJK), enhancing its market credibility. In July 2022, SuperAtom raised USD 22. 00 mn in Series C funding, led by Nue3 Capital.

The company plans to leverage this funding to expand its digital banking and credit product offerings internationally, beginning with Mexico and the broader Latin America region. Specific timelines for the launch of new products have yet to be disclosed, but the focus remains on enhancing its service portfolio in new markets.