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ALAMI set to raise $6-8 million in pre-series B round of funding

Indonesia-based Sharia compliant P2P lender ALAMI has finalised $6 to 8 million in its pre-series B round. It is also planning to raise $60 to 80 million in Series B by mid 2023, before which it believes it will achieve breakeven. The company plans to use its pre-series B funds to scale its marketing and engineering team to capture a bigger share of the market.

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This article has been summarised for quick read. You can find the original article on Deal Street Asia.