The Work Index by Flexa

Fairbanc

Fairbanc is an Indonesian technology company that provides AI/ML powered payment solutions for businesses serving MSME customers.

https://fairbanc.app/
4.6

/10

Transparency ranking

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Description

Fairbanc is a technology company based in Indonesia that provides AI/ML-powered terms of payment solutions for businesses. Their service is designed to help businesses offer flexible payment options to their customers, particularly MSME (Micro, Small, and Medium Enterprises). Fairbanc aims to drive sales growth and streamline the payment process for businesses, eliminating the need for traditional KYC (Know Your Customer) procedures and loan applications.

Fairbanc's offerings include revolving funds that adjust as a business grows and data analytics tools to monitor growth, loan utilization, and collections. The company emphasizes its commitment to customer protection, outlined in its detailed Consumer Protection Policy, which addresses data security, product design, information provision, marketing practices, and dispute resolution. Fairbanc's focus on technology, customer-centricity, and responsible business practices positions them as a provider of innovative financial solutions in the Indonesian market.

Mission

Fairbanc is a technology company that offers AI/ML-powered terms of payment solutions designed to help businesses, particularly MSME (Micro, Small, and Medium Enterprises), drive sales growth and access liquidity. Their solutions are integrated directly into businesses, eliminating the need for smartphones, KYC (Know Your Customer) checks, or loan applications. Fairbanc aims to empower businesses with data-driven insights and flexible financing options, facilitating their expansion and success.

Automation
Data-driven
Disruptor

Culture

Fairbanc promotes a culture of innovation and data-driven decision-making. They emphasize the use of AI and ML technology to provide efficient and tailored solutions for businesses. Their commitment to customer satisfaction is evident in their focus on transparency, fairness, and quick resolution of customer complaints.

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