Affordable consumer credit in SE AsiaWebsite
Affordable consumer credit in SE Asia
Kredivo is a financial technology that leverages deep data analytics across users’ digital footprint to automate credit risk scoring and access to credit for ecommerce purchases in Southeast Asia, the 7th largest economy in the world and home to nearly 10% of the world’s population. The company’s flagship product, Kredivo Buy now, Pay later, enables ecommerce buyers to apply and qualify for instant credit and pay back over time. Merchants using Kredivo benefit from providing Point of Sale financing using a 2-click checkout to all eligible buyers.
In the news
Fintech startup behind credit lending app Kredivo closes $90m Series C roundTuesday 3 December 2019
FinAccel Pte, which extends credit to online shoppers in Indonesia under the Kredivo brand, has raised $90 million of expansion capital in a fundraising round valuing the company at almost $500 million. South Korea’s Mirae Asset-Naver Asia Growth Fund and Australian venture capital firm Square Peg co-led the Series C financing, according to FinAccel Chief Executive Officer Akshay Garg. Other backers joining the round included Singtel Innov8, Telkomsel Indonesia, Cathay Innovation and Kejora Intervest.
Kredivo raises $30M series B to accelerate expansion in Southeast AsiaWednesday 25 July 2018
Jakarta based FinAccel has raised a USD30 million Series B equity investment round led by Square Peg Capital, with participation from new investors MDI Ventures and Atami Capital, and from existing investors Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha JWC Ventures and 500 Startups.
Kredivo confirms new funding from Jungle Ventures and NSIWednesday 4 October 2017
Kredivo, a fintech startup that simplifies the payment process for online shoppers, today confirmed a new round of funding co-led by Jungle Ventures and NSI Ventures.
Jungle Ventures leads seed investment in FinAccelWednesday 1 June 2016
Singapore based credit risk scoring and consumer lending startup FinAccel has raised a seven digit....