Fundz

Southeast Asian Credit Fintech Kredivo Scores $270M Series D

PRIVATEMar 22, 2023

Amount Raised

$270 Million

Round Type

Series D

JakartaFinancial ServicesFinanceLending

Investors

Openspace VenturesGMO Venture PartnersNaver Financial CorporationJungle VenturesSquare Peg CapitalMizuho Bank

Description

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D.

Quick answer

Kredivo Holdings raised $270 Million in a Series D round, dated March 22, 2023. Investors: Openspace Ventures, GMO Venture Partners, Naver Financial Corporation, Jungle Ventures, Square Peg Capital and Mizuho Bank. Kredivo Holdings is based in Jakarta, DKI Jakarta, Indonesia.

How much did Kredivo Holdings raise?
Kredivo Holdings raised $270 Million in a Series D round on March 22, 2023.
Who invested in Kredivo Holdings?
Openspace Ventures, GMO Venture Partners, Naver Financial Corporation, Jungle Ventures, Square Peg Capital and Mizuho Bank are named as investors in this round.
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.

  • Setscale raised $70M (Seed) on May 4, 2023.
  • Kapital raised $19M on May 3, 2023.
  • Factris raised $55M (Funding Round) on April 17, 2023.
  • Avanti Finance raised $24M (Funding Round) on April 3, 2023.
  • Polytrade raised $3.8M (Seed) on March 30, 2023.
  • Finverity raised $5.2M (Funding Round) on March 30, 2023.

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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Company Information

Company

Kredivo Holdings

Location

Jakarta, DKI Jakarta, Indonesia

About

Formerly known as FinAccel, Kredivo is the parent company of Kredivo and Krom Bank Indonesia, its new neobank. The company’s products include online and offline buy now, pay later, personal loans, credit cards and banking services through Krom.

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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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.