The Luxembourg House of Financial Technology (LHoFT), a Luxembourg-based public-private fintech initiative, said on October 30 that Indonesia-based lending-as-a-service platform Finfra was the first company to receive funding from NextFin Asia.

Finfra’s series A extension included ADB Ventures, the venture arm of the Asian Development Bank, investing through the fund, alongside existing investors Cento Ventures and Accion Ventures.

The amount was not disclosed.

NextFin Asia launched in February 2026 as a fund for LHoFT’s Catapult: Inclusion Southeast Asia accelerator program.

Finfra joined the accelerator in 2024 and provides lenders with infrastructure to manage loan origination, underwriting, servicing, and collections on one platform. The company previously raised US$2.5 million.

In Indonesia, the fintech lending sector operates under licensing frameworks from OJK, the Financial Services Authority, which sets compliance requirements for lending businesses.

🔗 Source: THE LHOFT – LUXEMBOURG HOUSE OF FINANCIAL TECHNOLOGY