Tag "FinAccel"

Mobilewalla Latest Offering Helps Lenders Extend Loans to Thin-File Consumers

Consumer intelligence company Mobilewalla has launched LendBetter, its newest offering for digital lenders, at the Singapore Fintech Festival 2022. LendBetter provides digital lenders access to a repository of global consumer information to help them improve their credit assessment and customer

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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation

Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data

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FinAccel Snaps up 75% Stake in Bank Bisnis to Bolster Its Digital Banking Plans

FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel which is the parent company of Kredivo, has announced the acquisition of a majority stake in Bank Bisnis Internasional, an Indonesia Stock Exchange-listed entity. At the end of the acquisition process,

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FinAccel Scraps SPAC Merger Deal With Victoria Park

FinAccel, the parent company of Indonesian Buy Now, Pay Later (BNPL) platform Kredivo, has scrapped its plans to merge with VPC Impact Acquisition Holdings II (VPCB), a publicly traded special purpose acquisition company sponsored by Victory Park Capital (VPC). Unfavorable

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FinAccel Raises Additional US$125 Million PIPE Investment Ahead of IPO Plans

FinAccel, the parent company of Buy Now, Pay Later (BNPL) platform Kredivo, announced that three of its existing investors has joined its PIPE deal which is in excess of US$125 million. The investors in the PIPE deal are MDI Ventures,

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Indonesian BNPL Platform Kredivo Poised for an IPO Through US$2.5 Billion SPAC Deal

FinAccel, the parent company of Buy Now, Pay Later (BNPL) platform Kredivo, plans to go public through a special purpose acquisition company VPC Impact Acquisition Holdings II (VPCB) sponsored by Victory Park Capital (VPC), valuing it at US$2.5 billion. VPC,

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Kredivo’s Parent FinAccel Raises US$90 Million; Doubles Down on Growth in South East Asia

Singapore-headquartered FinAccel, a fintech firm that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raised US$90 million in a Series C equity funding round to expand in Indonesia and the region. Since inception just

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10 Top Funded Fintech Companies in Indonesia

Indonesia’s fintech is probably one of the fastest growing tech sectors recently, thanks to  the proliferation of peer-to-peer (P2P) lending. According to the Indonesian Financial Services Authority (OJK), transactions through P2P lending totaled US$951 million (Rp 13.8 trillion) in the

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5 of Indonesia Fintech’s Biggest Funding Rounds of 2018

DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending. Between December 2017 to November 2018, DailySocial observed at least 14 disclosed funding for fintech startups, noting

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Indonesian Credit Score Fintech Raised USD30 Million Series B to Expand in Southeast Asia

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

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