Kredivo Group, Southeast Asia's preeminent provider of digital financial services, has successfully raised an impressive $390 million in its latest funding round. This capital infusion will further solidify Kredivo's position as the leading digital credit platform in Indonesia and Vietnam, offering customers instant credit financing for both ecommerce and offline purchases, along with personal loans based on real-time decision-making technology. With its innovative "buy now, pay later" option, Kredivo allows users to shop across Indonesia's extensive retail landscape, enjoying some of the lowest interest rates among digital credit providers in the region. This funding will enable Kredivo to enhance its product offerings, expand its user base, and invest in technology to drive even more efficient services, thereby reinforcing its commitment to financial inclusion and accessibility in Southeast Asia. Furthermore, the capital will fuel the growth of Krom, Kredivo’s neobank in Indonesia, which aims to provide comprehensive banking services tailored to the needs of the modern consumer. The funding round was supported by a stellar lineup of esteemed investors, including Mizuho Financial Group, Square Peg Capital, Jungle Ventures, Naver Corp, and Mirae Asset among others, reflecting strong confidence in Kredivo’s vision and market potential. As Kredivo Group embarks on this exciting journey, it remains dedicated to empowering millions with accessible and responsible financial solutions, paving the way for a more inclusive digital economy in the region.
Kredivo Group Secures $390 Million in Funding to Propel Digital Financial Services Expansion
Get the full Kredivo Group company profile
Access contacts, investors, buying signals & more
Other recently funded companies
View all
Centricity WealthTech
Founded in January 2022, Centricity helps empower finance and investment professionals aspiring to establish their independent practices. The platform aims to deliver a comprehensive SAAS based investment management platform including digital transactional capabilities for a diversified product suite. Wealth management professionals prefer focusing on their clients’ interests and not their employers ever-changing priorities. Also, clients want stability and not a relentless institutional product push. We are looking to bring in consistency of the family office experience for a spectrum of investors across emerging affluent, affluent and high net worth categories. We are boutique by design and an institution by default.
$30.0M Series a
today
MigmaAI
Create, design and send on-brand emails in seconds.
$330.0K Pre-seed
today
Multiverse
Multiverse is the upskilling platform for AI and tech adoption. We’ve built a new model for transforming today’s workforce by combining expert human coaching with AI. Our learning drives real business impact and helps organisations close critical skills gaps - especially in data, AI and all things tech. We’ve already partnered with over 1,500 global organisations to transform their workforce through tech skills. Trusted by Microsoft, Mars, John Lewis Partnership and many more to upskill their team and unlock people’s potential and output. In 2022, we raised our $220m Series D funding - one of the largest venture rounds in EdTech history. We’re proud to be backed by some of the world’s biggest investors, including General Catalyst, Lightspeed Venture Partners and StepStone Group.
$70.0M Unknown
today
SWELL Sculpture Festival
SWELL Sculpture Festival (SWELL) is a multifaceted arts organisation that connects people, art, and place, based in Currumbin, Gold Coast, Queensland. Since 2003 SWELL has exhibited 873 Sculptures in the main exhibition on Currumbin Beach with a portfolio value worth $15.5M.
$5.5K Grant
today
Parcel Health
Healthcare and pharmacies' supply chain runs on expensive plastic. Billions of units of disposable, single-use supplies and packaging — most of it never questioned, never redesigned, never replaced. Paid for at a premium to budgets and to the environment. Until now. Parcel Health is reimagining healthcare supplies, creating products that can protect people and preserve the planet, all at an affordable price point. Tully Tube® is the world's first and only paper pill bottle that meets U.S. regulatory requirements. It is trusted by leading hospital health-systems like Dartmouth-Hitchcock Health System, Allegheny Health Network, and Wellstar Health System. This is just the beginning. Parcel Health is building a future where healthcare supplies are safer for patients, better for the planet, and easier on budgets.
$1.2M Seed
today