Thursday, 5 March, 2026
Indonesian Auto Finance Platform Broom Raises $10M for Automated Lending
By Basit Ansari
<p>Indonesian used-auto finance platform Broom has raised $10M in a Series A funding round to expand its automated asset-backed lending technology. Broom uses artificial intelligence and machine learning to evaluate the creditworthiness of borrowers and provide financing for used cars. The company's technology enables it to streamline the lending process and reduce risk, allowing it to offer more competitive rates to borrowers.</p>
Read full story at Tech Node
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