 "fintech, digital lending")
Lentra, a digital lending platform, has announced its entry in Indonesia, the Philippines and Vietnam. The company aims to reach $100 million in annual recurring revenue (ARR) by March 2024 with business in South East Asia.
Lentra said it will build a stronger market presence and increase credit disbursal in the three South East Asian countries, replicating its growth in India. It already has clients in the Philippines.
The move comes after the company’s latest fundraise of $60 million in a Series B round led by Bessemer Venture Partners, Susquehanna International Group (SIG), and Citi Ventures.
“We are at a
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