Akulaku secures $100M in a funding round led by HSBC to drive expansion in Southeast Asia and develop new financing products.
Amount Raised
$100 Million
Round Type
Funding Round
JakartaFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Akulaku has secured a credit facility of up to $100 million from HSBC Singapore to support its expansion plans in Southeast Asia and the development of new financing products. The CEO, William Li, mentioned that a portion of the proceeds will be used to settle some of the company's debts. This deal underscores the commitment to supporting new economy businesses.
Quick answer
Akulaku raised $100 Million in a Funding Round round, dated March 25, 2024. Investors: HSBC. Akulaku is based in Jakarta, DKI Jakarta, Indonesia.
- How much did Akulaku raise?
- Akulaku raised $100 Million in a Funding Round round on March 25, 2024.
- Who invested in Akulaku?
- HSBC is named as investors in this round.
- What does Akulaku do?
- Akulaku is a leading banking and digital finance platform in Southeast Asia, with a presence in Indonesia, the Philippines, and Malaysia.
- Where is Akulaku based and how big is it?
- Akulaku is based in Jakarta, DKI Jakarta, Indonesia.
- Who are the decision-makers at Akulaku?
- Fundz holds 1 contact at Akulaku. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Akulaku that raised within 45 days of this round, from Fundz verified event records.
- Battle Financial raised $37M (Seed) on May 1, 2024.
- Blend Labs raised $150M (Series A) on April 29, 2024.
- Canza Finance raised $2.3M (Seed) on April 29, 2024.
- QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
- Constantinople raised $50M (Series A) on April 1, 2024.
- Aye Finance raised $137M (Debt Financing) on March 27, 2024.
Who to call at Akulaku, and when
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- An alert the day Akulaku raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Akulaku, from your own LinkedIn network
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Related People
Akulaku raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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