FinAccel

5 results about this entity

Period: 26 Jul 2018 - 05 Apr 2022

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BNPL firm FinAccel buys majority stake in Indonesian bank

Southeast Asian BNPL player FinAccel is moving into digital banking through the acquisition of a majority stake in Indonesia's PT Bank Bisnis Internasional.

05 April 2022

Company announcement/inclusion

KrediFazz granted Indonesian P2P license for lending service

KrediFazz, a subsidiary of FinAccel that runs as P2P lending fintech, has been officially granted a business license from the Financial Services Authority (OJK) through the Decree of the OJK Board of Commissioners Number: KEP-81 /D.05/2021 dated August 24, 2021.

15 October 2021

News/retail

Indonesian BNPL giant Kredivo to go public via Spac merger

The owner of Indonesian buy now, pay later platform Kredivo is set to go public in a $2.5 billion merger with a special purpose acquisition company sponsored by Victory Park Capital.

03 August 2021

News

Buy-now, pay-later firm FinAccel raises $90 million to broaden financial services offering

FinAccel, a Singapore-headquartered financial technology company that enables Indonesian consumers to buy online and pay later under the brand Kredivo, has raised $90 million in a Series C equity funding round.

03 December 2019

Company announcement

FinAccel raises $30 million to extend 'buy now, pay later' app across SE 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 JWC Ventures and 500 Startups.

26 July 2018