We’re building an AI-powered and API-powered lending processing platform for profitable SMBs and Startups across the Asia Pacific, starting in Indonesia where we’re based. We’re both second-time founders from Indonesia. We started Corpdaq to solve the problems we faced while running our previous startups, Payfazz (which have raised 250M US$ in total) and Verihubs (which have raised 5M US$ in total).
Stripe of Lending for Asia
Title: Corpdaq: Stripe of Lending for Asia | Y Combinator

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### Stripe of Lending for Asia

We’re building Stripe of Lending for Asian Businesses. Corpdaq is a lending platform that connects Businesses with Banks & Investors in South East Asia. We use LLM’s to automatically assess their business and creditworthiness. We launched 4 months ago, we already have $36,000 of monthly revenue, and we’re growing 85% every month. We’re both second-time founders from Indonesia. Hendra was previously CEO and Co-founder of Payfazz, a billion-dollar fintech and payments company in Indonesia. Inas was previously CTO and Co-founder of Rulo, an exited enterprise fintech software, and Verihubs, the largest verification and credit scoring startup in Indonesia.



Corpdaq

Founded:2024

Team Size:2

Location:Singapore, Singapore

### Active Founders

### Hendra Kwik, Founder

Fintech and AI enthusiast. I’ve built two fintech startups so far. The first is payment fintech Fazz (Fazz.com), which has raised $250 million ($175 million equity and $75 million debt) and has a valuation of nearly $1 billion. The second is Corpdaq, which operates at the intersection of AI and lending fintech. Reach me out through email via hendra@corpdaq.com or founders@corpdaq.com



### Inas Luthfi, Founder

My journey began with my fascination of computer. Started from computer olympiads and various IT projects, I founded an award winning mobile game studio just before college graduation. Then I entered the startup ecosystem, successfully sold Rulo, a startup in wholesaler POS software. Learning efficient remote work and DevOps practices in Tetrate. Now as a tech advisor, I helped build initial tech teams for Indonesian startups like Credibook YC W22 and save Verihubs YC S21 during tech crisis.



### Company Launches

[### Corpdaq: AI-powered financial simulator and financing marketplace](

👋 Hi YC, we’re Hendra and Inas of [Corpdaq](

We’re both second-time founders from Indonesia. We started Corpdaq to solve the problems we faced while running our previous startups, Payfazz and Verihubs. Our startups had limited budgets but many competing products and projects. We needed to be smart in planning around our budgets and projects to generate the biggest financial return, but it wasn’t easy. On top of that, we also had to convince banks or private investors to provide us with financing for these projects. Along the way, we learned that many SMBs faced the same struggles.

Now, we’re building Corpdaq to help businesses use AI for financial simulation and to secure financing from banks or private investors for their projects.

**TL;DR:** We’re building an AI-powered financial simulator and financing marketplace for profitable SMBs across the Asia Pacific, starting in Indonesia, where we’re based.



Any SMB can use our platform to simulate and calculate financial assessments for their business. If the business performs poorly, our AI will provide useful business advice. If the business performs well, our AI will match it with relevant banks and private investors in our marketplace for financing.



**The Problem - SMBs Don’t Understand Financial Planning and Financing Process**

Due to limited financial knowledge, many SMBs don’t know how to assess the financial prospects of their businesses or projects. They also struggle to deal effectively with banks or investors to secure growth financing. On the other hand, many banks and private investors have a lot of idle money in their accounts, generating zero return.

**The Solution - Corpdaq Financial Simulator and Financing Marketplace**

Corpdaq allows an SMB to upload its historical business data, financial data, and project data to assess its business health and simulate its business growth prospects. Our AI Assistant ensures that any SMB can score its financial health and calculate the financial simulation, even with limited financial knowledge.



For SMBs with poor financial simulation outcomes, we provide improvement advice. For SMBs with strong financial simulation outcomes, we offer access to a financing marketplace featuring leading banks and private investors across the Asia Pacific.



**Our Ask**

If you know of any banks, financial institutions, private debt, or private equity investors interested in financing profitable businesses and projects across the Asia Pacific region, we would greatly appreciate a warm introduction or referral. You can make the introduction through [founders@corpdaq.com](mailto:founders@corpdaq.com). Thank you :)
