UangTeman is a financial technology (FinTech) startup that operates an online lending service (on balance sheet lending) in Indonesia where it makes microloans to consumers in Indonesia on an almost instantaneous basis. Its loans – ranging from US$80 to US$300 and for no more than 30 days – are underwritten using its big data algorithms. UangTeman was founded in August 2014 by an experienced fintech entrepreneur and first launched in Indonesia in April 2015. It has been in operations since then. It is currently only operating in Indonesia and will be expanding its service to Philippines through its brand, UtangPinoy.