PantardeniaIndonesia’s employment platform, which is beyond the job offering financial services with full -time and side gig opportunities, said it has collected a round in the $ 16.7 million series.
The funds were led by Square Pegg, which was attended by current investors Vertex Venture South East Asia and India and East Ventures.
Surrounding Pukards, Blue Nurmalasari, and Henry Henderson founded Pantarania in 2022 to tackle Indonesia’s two biggest challenges daily: earn enough and borrow with responsibility.
“Traditionally, in Indonesia, large -scale workers get offline jobs through job fairs or mouth words, employers are buried in paper applications and candidates to listen back.” We provide the job with the AI ​​to make the job faster, instead of providing them with a debt, and we have to provide them with a debt. Can be tolerated in a way. “
About 59 % of Indonesia’s 150 million manpower hires in informal sectorFor, for, for,. Inform These workers face the difficulties of accessing formal financial services because they lack certified income and government job documents.
Henderson added that Pantarania has dealt with this challenge in contributing to assets -backed lenders using suicide attacks such as gold, electronics, or vehicles.
Since the financing of its seeds in 2022, this platform currently serves more than 10 million job -seekers and 40,000 employers across the country. Handrrrn noted that its income has increased by almost five times the year and is expected to reach the end of the year. Pantarania mainly served users aged 21 to 40, most of which have a diploma below high school education or university level. The purpose of the startup is to focus on this underground class, given the large population of blue collar and informal workers in Indonesia.
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“During the journey to build employment services, we discovered that our customers need more than just jobs. They need access to financial services that traditional banks cannot provide,” said Hendron. “We match the match with AI to make the job faster and we provide workers with a safe, healthy loan option – around which they are designed, rather than they can afford them properly instead of deepening them in debt.”
According to Henderson, although Indonesia already has job platforms such as Job Street, Kaleber and Glights, they mainly meet white collar roles, which represent only a small portion of the workforce. The Pantarania platform is specifically designed for blue -collar workers, which offers smooth application options for walk -in interviews, affordable e -learning on related skills, app opportunities for additional income, and financial services such as loans.
The same trend is also clear in the Indonesian fantasy sector, which also meets white -collar or high middle class users. The traditional credit scoring model for loans, which relies on permanent monthly income and bank account activity, often neglects blue workers through existing fantasy providers, Handwan said.
When asked which fantasy services are in the most demand, Handwan mentioned, “In view of his job status, lending to Patronia users today is the most financially service of the students. We are planning to make micro -savings and investment with our partners to make micro -savings”.
New funding will help Partania strengthen its platform technology and expand its finances offers through strategic partnerships. With most Indonesian workers working in blue collar and informal sectors, co -founders see opportunities for development in the local market. Taking advantage of their extensive experience in business management in Southeast Asia, they are also open to seeking regional expansion when time is right.
“Our vision is for Pantarania to become a daily partner who not only fulfills Indonesian residents today, but also fulfills their lives tomorrow, but also upgrades their lives tomorrow, in five years, we see Pantaria as a trusted journey as a trusted, but not a trusted journey for Indonesian workers. “We want to be the first stop when someone is looking for work, a place that helps upgrade their skills, and a reliable leader when they make financial decisions.”