Finaccel Raises Additional Pipe Investment, And Appoints New Board Of Commissioners For Kredivo'S Indonesian Business
Round Type
Post-IPO Equity
JakartaFinancial ServicesFinanceLendingDescription
Following the announcement of its business combination last month, three of FinAccel's existing investors – MDI Ventures, Cathay Innovation, and Endeavor Catalyst are also investing directly into the PIPE (Private investment in public equity), taking total PIPE commitments to in excess of $125 million. As a digital lending pioneer and parent company of buy now, pay later service Kredivo, FinAccel's recent PIPE investments reinforce the strong backing that the company has received from its existing investors throughout the SPAC process.
Quick answer
Kredivo Holdings raised an undisclosed amount in a Post-IPO Equity round, dated September 29, 2021. Kredivo Holdings is based in Jakarta, DKI Jakarta, Indonesia.
- How much did Kredivo Holdings raise?
- Kredivo Holdings raised an undisclosed amount in a Post-IPO Equity round on September 29, 2021.
- What does Kredivo Holdings do?
- Formerly known as FinAccel, Kredivo is the parent company of Kredivo and Krom Bank Indonesia, its new neobank.
- Where is Kredivo Holdings based and how big is it?
- Kredivo Holdings is based in Jakarta, DKI Jakarta, Indonesia.
- Who are the decision-makers at Kredivo Holdings?
- Fundz holds 1 contact at Kredivo Holdings. 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 Kredivo Holdings that raised within 45 days of this round, from Fundz verified event records.
- CoinMENA raised $9.5M (Seed) on November 10, 2021.
- Ensysce Biosciences raised $15M (Convertible Note) on November 8, 2021.
- Navan raised $275M on October 26, 2021.
- Dhani Services Limited raised $157M (Funding Round) on October 20, 2021.
- Redwood Trust raised an undisclosed amount on October 14, 2021.
- IBC Bank-Oklahoma raised $1.5M (Seed) on October 14, 2021.
Who to call at Kredivo Holdings, and when
A new round usually means Kredivo Holdings is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kredivo Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kredivo Holdings, from your own LinkedIn network
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Related People
Kredivo Holdings 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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