Our Milestones
-
2024Launches the 2024 Indonesian PayLater Behavior Report in partnership with Katadata Insight Center in June
-
Hana Bank increases channeling facility limit to Rp 700 Billion to expand easy and inclusive credit access in the retail sector in May
-
Krom Bank launches Krom digital banking, enabling young generation to achieve their financial independence in Feb
-
2023Partners with H&M to make fashion more accessible to all in Oct
-
Partners with Bank Mandiri for Rp 1 Trillion channeling facility to accelerate financial inclusion in Indonesia in July
-
Partners with Samsung as the first official partner for Samsung Finance+ in Southeast Asia in June
-
The launch of Kredivo Katadata 4th annual edition of Indonesian e-Commerce Consumer Behavior Report in June
-
Partners with Kanmo Group to respond to the increasing consumer shopping needs in Mar
-
Closes ~US$270m Series D equity round led by Mizuho Financial Group and changes parent company name to Kredivo Group in Mar
-
Partners with Shell Indonesia to offer the first-ever BNPL payment option for fuel purchases in Indonesia in Feb
-
Partners with Hypermart to support post-pandemic retail sector growth in Jan
-
2022Partners with Telkomsel to launch Telkomsel PayLater, the first telco Buy Now Pay Later (BNPL) digital financial solution service in Indonesia in November
-
Partners with Kawan Lama Group to expand Paylater penetration through retail sector in Nov
-
Partners with PT Ramayana Lestari Sentosa Tbk (Ramayana) to expand credit access in tier 2 & 3 cities in Aug
-
Bank DBS Indonesia Increases Joint Financing Limit to IDR 2 Trillion to Accelerate Credit Distribution in the Retail Sector in July
-
Partners with 1000 Days Fund to fight childhood stunting by distributing 200,000 Smart Charts across Indonesia in June
-
The launch of Kredivo Katadata 3rd annual edition of Indonesian e-Commerce Consumer Behavior Report in June
-
Announces a commitment to the EDISON Alliance’s 1 Billion Lives Challenge to provide access to digital financial services in South East Asia in May
-
Partnered with Mastercard and Bank BNI to launch Infinite Card, a virtual card that can be used to pay on all e-commerce and online platforms in Apr
-
Acquired the majority ownership of Bank Bisnis to expand to digital banking in Apr
-
Partnered with PT Mitra Adiperkasa Tbk (MAP) to make global brands more affordable for customer in Feb
-
2021Partnered with Bank Sahabat Sampoerna to launch “Flexi Card”, a physical Paylater card in Dec
-
Partnered with Standard Chartered to offer Buy Now, Pay Later (BNPL) loans to Kredivo users in Oct
-
Closes Rp 1 Trillion Credit Line with DBS Indonesia to Accelerate Financial Inclusion in Oct
-
Officially get a P2P Lending License from OJK for KrediFazz, FinAccel’s P2P Lending company in Oct
-
Raises an additional PIPE investment and appoints new board of commissioners in Sep
-
Launched Its Vietnam Operations Through a Joint Venture with Phoenix Holding in Aug
-
Announces Plans to Publicly Traded Company via Merger with VPC Impact Acquisition Holdings II in Aug
-
Partnered with eFishery to expand productive lending for MSMEs in Jul
-
Closes up an additional US$100m debt facility with Victory Park Capital in Jun
-
The launch of Kredivo Katadata 2nd annual edition of Indonesian e-Commerce Consumer Behavior Report in Jun
-
Partnered with Bukalapak to provide a white label paylater feature for Bukalapak users in Apr
-
Become the official and exclusive partner in Indonesia and the first in Southeast Asia for Samsung Financing, an instant credit solution for Samsung in Mar
-
Donated USD 100,000 to GSI Lab (~2,348 PCR tests) to accelerate COVID-19 testing in Indonesia, especially for those in need in Feb
-
2020Closes up to US$100m warehouse financing facility with Victory Park Capital to boost Indonesian expansion in Nov
-
Launched “Generasi Djempolan”, a financial literacy movement to encourage millennials to be both tech-savvy and financially-savvy to accelerate economic recovery in Nov
-
The release of the joint Kredivo Katadata report on Indonesian ecommerce user behavior in Aug
-
2019Raised $90 million series C funding led by Asia Growth Fund and Square Peg in Dec
-
Closed Rp 1 Trillion Credit Line with Permata Bank to Accelerate Financial Inclusion in Sep
-
Won IDC DX 2019 “Information Visionary” Award in Sep
-
Won “The Best Frictionless Credit Evaluation Initiative” Award at the Asian Banker Indonesia Country Awards in Sep
-
Closed a US$20 million debt funding round with Partners for Growth (PFG) to fuel Indonesian expansion in Sep
-
Launched Zero-click checkout, the fastest and most seamless checkout experience to transact on e-commerce in Sep
-
Volunteered for #iamchange program by Happy Hearts Indonesia to build schools for early childhood education in East Nusa Tenggara in Aug
-
Got fresh funding from Telkomsel, MDI Ventures in July
-
Partnered with Citilink to offer affordable, instant credit to buy air travel for Indonesians in June
-
Launched “Donation” feature in welcoming the Holy Month of Ramadan in May
-
Partnered with Moka POS to Provide Digital Credit Payments in Offline Merchant in Feb
-
2018Volunteer Trip to Lombok, Helping with the Reconstruction Efforts Post Natural Disaster in Dec
-
Kredivo Selected in the KPMG & H2 Ventures top 100 Fintech Startups Globally and Singapore Fintech Festival’s #1 Fintech Startup in SEA in Nov
-
Product Expansion into Personal Loans in Sept
-
Won “The Best Lending Technology Platform in Indonesia” Award at the Asian Banker Indonesia Country Awards in Aug
-
Won “Information Visionary of the Year” Award at IDC DX Awards Indonesia in Aug
-
Google Play’s Top 30 Shortlist of “Standout Startup of 2018” in May
-
Live with all of Indonesia’s top 5 ecommerce merchants in March
-
2017Google Play’s Best App of 2017 “Hidden Gem” in Dec
-
2016Installment loan product introduced in Aug
-
Started operating, first loan disbursed in Apr
-
2015FinAccel is incorporated, raised Seed Round lead by Jungle Ventures in Dec
Kredivo Group Management
![Akshay Garg](https://kredivocorp.com/wp-content/uploads/2019/03/Akshay.png?v2)
Akshay Garg
Group CEO and
Co-Founder
![Dennis Lerchl](https://kredivocorp.com/wp-content/uploads/2019/03/Dennis.png?v2)
Dennis Lerchl
CFO
![Jean Lua](https://kredivocorp.com/wp-content/uploads/2023/08/Jean.jpeg?v2)
Jean Lua
CHRO
![Abhijay Sethia](https://kredivocorp.com/wp-content/uploads/2020/08/03.png?v2)
Abhijay Sethia
Chief Strategy Officer
![Valery Crottaz](https://kredivocorp.com/wp-content/uploads/2023/08/Valery.png?v2)
Valery Crottaz
Chief Capital Officer
and Head of
International Expansion
![Krishnadas](https://kredivocorp.com/wp-content/uploads/2019/03/KD.png?v2)
Krishnadas
Chief Commercial
Officer
![Tarun Sharma](https://kredivocorp.com/wp-content/uploads/2023/08/Tarun.png?v2)
Tarun Sharma
SVP, Collections
![Ahmad Johari](https://kredivocorp.com/wp-content/uploads/2019/03/Johari.png?v2)
Ahmad Johari
SVP, Customer
Operations
![Alethia Tan](https://kredivocorp.com/wp-content/uploads/2023/08/Alethia.png?v2)
Alethia Tan
VP, Growth
![Phuong Tran](https://kredivocorp.com/wp-content/uploads/2023/08/Phuong_Tran-bw.png?v2)
Phuong Tran
VP and General
Manager Vietnam
Kredivo (Indonesia)
![Umang Rustagi](https://kredivocorp.com/wp-content/uploads/2019/03/Umang.png?v2)
Umang Rustagi
Co-Founder and
President Director
![Aries Purwo](https://kredivocorp.com/wp-content/uploads/2019/03/Aries.png?v2)
Aries Purwo
Director, Risk
![Paramananda Setiawan](https://kredivocorp.com/wp-content/uploads/2019/03/Nanda.png?v2)
Paramananda Setiawan
Founding Team
Director, Data and
Engineering
![Kevin Siahaan](https://kredivocorp.com/wp-content/uploads/2020/08/02.png?v2)
Kevin Siahaan
Director, Legal and
Compliance
![Lily Suriani](https://kredivocorp.com/wp-content/uploads/2019/08/lily.png?v2)
Lily Suriani
Director, Business
Development
![Indina Andamari](https://kredivocorp.com/wp-content/uploads/2019/03/Indina.png?v2)
Indina Andamari
Founding Team
SVP, Marketing
KrediFazz (Indonesia)
![Anita Wijanto](https://kredivocorp.com/wp-content/uploads/2019/11/anita.png?v2)
Anita Wijanto
President Director
![Alie Tan](https://kredivocorp.com/wp-content/uploads/2019/03/Alie.png?v2)
Alie Tan
Director
![Helen Diana](https://kredivocorp.com/wp-content/uploads/2019/03/Helen.png?v2)
Helen Diana
Founding Team
VP, Product
Krom Bank (Indonesia)
![Anton Hermawan](https://kredivocorp.com/wp-content/uploads/2023/02/anton-krom.png?v2)
Anton Hermawan
President Director
![Laniwati Tjandra](https://kredivocorp.com/wp-content/uploads/2023/08/Laniwati-T.png?v2)
Laniwati Tjandra
Director
![Wisaksana Djawi](https://kredivocorp.com/wp-content/uploads/2023/08/Wisaksana-Djawi.png?v2)
Wisaksana Djawi
Compliance and Risk
Management Director
![Alvin Kurniawan](https://kredivocorp.com/wp-content/uploads/2019/11/alvin.png?v2)
Alvin Kurniawan
Business and Finance
Director