FinAccel/Kredivo

Akshay Garg, co-founder and chief executive officer of Kredivo. says the funds will be used to expand into the digital banking segment in Indonesia.

Kredivo raises US$270 million in Series D funding

KREDIVO has raised US$270 million in a Series D funding round led by Japan’s Mizuho Bank. Existing investors Square Peg Capital, Jungle Ventures and Openspace Ventures also joined the round.

2023-03-23T01:14:04.000Z

Startups

FinAccel spends US$200m for Indonesia digital banking push

[SINGAPORE] FinAccel, the parent company of fintech platform Kredivo, has acquired a majority stake in Indonesia's Bank Bisnis Internasional, pitting itself against South-east Asia's biggest Internet companies for a share of a growing digital banking arena.

2022-04-03T20:55:46.000Z

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