Indonesian online credit card financial technology company: Kredivo (FinAccel)

Kredivo， FinAccel Private Limited, founded in 2016 and headquartered in Jakarta, Indonesia, provides online credit cards with payment methods and 30 day or monthly installments.

Kredivo (FinAccel) US Equities Encyclopedia

Akshay Garg founded Kredivo in 2016, Headquartered in India Jakarta, Nicia. Kredivo has built a modern API to enable users to provide customers with innovative financing options. This API reference will help users start using Kredivo as a new payment method on the website.

When opening an account, you can obtain an instant credit line of up to 30 million (IDR) through Kredivo, and conduct seamless transactions at the lowest interest rate. No down payment is required for 30 day or 3/6/12 month installments, which can be used by more than 1000 online and offline merchants.

For merchants:

• Unlock PoS (point of sale) financing for everyone, and increase sales by 30-50%
• Increase the average order value, and buyers buy more and more frequently
• Improve conversion rate, 2 click checkout can reduce shopping cart abandonment
• Lower transaction costs, cheaper than credit cards or cash on delivery

For buyers:

• 5-minute application, simple and fast full digital application process, without background investigation
• Pay instantly, get a credit line of up to 30 million yuan, click to buy twice or issue a personal loan in one minute!
• Minimum interest, choose your payment term of 30 days or 3, 6, 12 months installment. Kredivo charges the lowest interest rate in the market without down payment
• Secure and convenient, PIN and OTP to protect your account; By financial service Registration and supervision of the Authority (OJK)

Kredivo (FinAccel) financing encyclopedia

• In September 2019, Kredivo obtained an exclusive investment of 20 million dollars from Partners for Growth in debt financing.
• In January 2020, Kredivo again received an exclusive investment of $90 million from Reinvent.
• In November 2020, Kredivo obtained the exclusive investment of 100 million dollars from Victory Park Capital for debt financing.
• In June 2021, Kredivo obtained the exclusive investment of 100 million dollars from Victory Park Capital for debt financing.

Kredivo (FinAccel) US equity investment

Unlisted company , wait for Kredivo (FinAccel) IPO Listed or SPAC merger Listing.