Indonesian lending-as-a-service platform Finfra has raised a Series A extension from ADB Ventures through the NextFin Asia fund, the Luxembourg House of Financial Technology (LHoFT) announced on October 30, 2026. It is the first investment by the fund, which backs Southeast Asian startups working on financial inclusion, and it puts development-linked capital into the infrastructure lenders use to reach underserved borrowers.
Key Facts At A Glance
- Finfra is an Indonesia-based lending-as-a-service platform established in 2022.
- The company secured a Series A extension from ADB Ventures, the venture capital arm of the Asian Development Bank (ADB), through NextFin Asia.
- Existing investors Cento Ventures and Accion Ventures also took part in the round.
- The size of the investment was not disclosed.
- This is the first investment made by NextFin Asia, which launched in February 2026.
- Finfra took part in LHoFT’s Catapult: Inclusion SE Asia acceleration programme in 2024.
- Finfra says the capital will fund its growth, strengthen its technology platform and support entry into new markets.
- Finfra previously raised US$2.5 million in a 2024 round led by Cento Ventures.
Finfra, an Indonesian provider of lending infrastructure, has secured new capital in a Series A extension from ADB Ventures. LHoFT announced the deal from Luxembourg on October 30, 2026. The investment was made through NextFin Asia, and existing backers Cento Ventures and Accion Ventures also took part.
Neither the companies nor the fund disclosed the size of the round. Finfra said it will use the capital to support its growth, strengthen its technology platform and expand into new markets. The announcement did not name the markets it is targeting.
First Deal For NextFin Asia
NextFin Asia launched in February 2026. It is a partnership between LHoFT, ADB Ventures and Luxembourg’s Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade. It is the investment vehicle for LHoFT’s Catapult: Inclusion SE Asia programme and invests in early-stage technology companies working to widen access to financial services across Southeast Asia.
Finfra took part in the Catapult programme in 2024. LHoFT presented the company’s move from programme participant to the fund’s first investee as an early test of its model, which pairs acceleration support with access to capital through ADB Ventures. Alex Panican, LHoFT’s Acting CEO, described the model at launch as “a world first,” referring to a development bank partnering with a fintech accelerator to invest in inclusion-focused fintechs.
Beyond the investment, Finfra will continue to have access to NextFin Asia’s network of financial institutions, industry specialists and inclusion-focused partners. LHoFT said applications are open for the next Catapult: Inclusion SE Asia cohort.
What Finfra Provides
Finfra runs a platform that lets financial institutions originate, underwrite, service and collect loans without building local lending operations themselves. Its services also cover automated underwriting, risk analytics and access to institutional funding.
The platform also supports embedded finance. Businesses and digital platforms can use it to offer credit inside their existing customer journeys, which the company says opens another route for small businesses to obtain working capital.
Markus Prommik, Finfra’s founder and CEO, said limited access to credit remains a major obstacle for small businesses in Southeast Asia. He said the company’s aim is to make lending infrastructure more accessible so institutions can serve borrowers who have traditionally been overlooked.
Yichu Zhang, an investment specialist at ADB Ventures, said small businesses continue to struggle to obtain financing while lenders face high costs and complexity in reaching them. Zhang said ADB Ventures backed Finfra because its platform makes it easier for lenders to launch and scale credit products through formal channels.
Funding Details Remain Limited
Publicly available information on the transaction remains limited. The announcement did not disclose the investment amount, Finfra’s valuation, ownership stakes, or which new markets the company plans to enter.
Finfra’s earlier funding is on record. The company raised US$2.5 million in 2024 in a round led by Cento Ventures. Its corporate profile lists Cento Ventures, Accion Ventures and ZVC among its backers, and states that it operates through an affiliate working with Indonesia’s Financial Services Authority (OJK).