How Skuad helped Akseleran scale its tech team in Indonesia.

Akseleran is a peer-to-peer (P2P) lending platform with the vision of making financial inclusion a reality in Indonesia. The company helps SMEs grow their businesses and also opens up new investment opportunities for investors. They are licensed and monitored by the Financial Services Authority of Indonesia (OJK).

Background

Akseleran is a six-year-old Indonesian fintech start-up that had raised two rounds of funding by the time it approached Skuad in June 2021. It had ambitions to grow rapidly and scale its tech team but was finding it difficult to hire skilled tech talent in Indonesia.

We wanted to scale our tech & product team rapidly but we were struggling to find good engineers in Indonesia.

Skuad’s Solution

Skuad helped solve this issue by enabling hiring and employment of outstanding engineers in India. Through Skuad's presence in India and with our full-stack platform, we also completely removed the hassle of payments, compliance and taxes in India where Akseleran does not have a legal entity.