/Companies

Kredivo

Jakarta, ID · 12 known investors

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Kredivo Group operates a digital financial services platform in Southeast Asia, primarily offering buy-now-pay-later (BNPL) and instant credit solutions through partnerships with banks, merchants, and telecom providers. The company serves Indonesian consumers and businesses across ecommerce, retail, and mobility sectors, with expansion into Vietnam and digital banking through subsidiaries.

Founders & leadership

AGAkshay Garg
Akshay GargGroup CEO and Co-FounderAkshay Garg is co-founder and group CEO of Kredivo Group, a digital financial services platform offering buy-now-pay-later and credit solutions across Southeast Asia. Previously, he co-founded Komli Media, a digital media and technology company that was acquired by Axiata and Affle, and worked as a management consultant at Deloitte and statistical analyst at the United Nations.
UR
Umang RustagiCo-Founder and President Director (Kredivo Indonesia)

Investors · 12

Also in the syndicate · 2

Mizuho BankleadNaver Financial Corporation

Funding

SEC filings, press & company announcements

$270M disclosed across 1 round · 2023

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does Kredivo do?
Kredivo Group operates a digital financial services platform in Southeast Asia, primarily offering buy-now-pay-later (BNPL) and instant credit solutions through partnerships with banks, merchants, and telecom providers. The company serves Indonesian consumers and businesses across ecommerce, retail, and mobility sectors, with expansion into Vietnam and digital banking through subsidiaries.
Who founded Kredivo?
Kredivo was founded by Akshay Garg, Umang Rustagi.
Who are Kredivo's investors?
Kredivo's investors include Jungle Ventures, Mizuho Financial Group, Cathay Innovation, Defy Partners, Ensemble VC, GMO VenturePartners, Next Billion Capital Partners, Quest Ventures and 2 more.
How much funding has Kredivo raised?
Kredivo has disclosed $270M raised across 1 round.
Where is Kredivo headquartered?
Kredivo is headquartered in Jakarta, ID.