Tag "FinAccel"
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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6 undiscovered Fintech Startups in Southeast Asia VCs Should Keep an Eye on
Southeast Asia is the world’s fastest-growing region in terms of Internet users. The region’s Internet economy is expected to be worth US$200 billion by 2025 with the biggest portion going toward e-commerce. Investors are also excited about fintech, which promises
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Fintech Takes Off In Indonesia
Investment in fintech startups is set to hit a record hit in 2017 with an estimated 50 deals to close this year, according to an analysis by CB Insights. While the overall industry is gaining traction from both consumers and
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