Kredivo Group

Financial ServicesSeries DKota Jakarta Pusat, Indonesiakredivocorp.com

Latest round

Series D

Last raised

Mar 2023

Total raised

$394M

Investors

24

About Kredivo Group

Kredivo Group Ltd.Founded in 2016 in Kota Jakarta Pusat, Indonesia, Kredivo Group Ltd. operates as a prominent digital credit platform. The company was co-founded by Akshay Garg and Umang Rustagi.Kredivo Group, through its flagship product Kredivo, provides innovative digital financial solutions that facilitate consumer access to credit. The group's KrediFazz product provides instant cash loans with competitive interest rates, and Krom serves as a digital banking platform enabling efficient financial management.Kredivo Group generates revenue through interest and fees from its digital credit products, including Kredivo and KrediFazz. Transactions typically involve direct interactions with consumers utilizing Kredivo for purchases at partner merchants, such as low-interest installment plans for items like smartphones. The company aims to launch new products and enhance its services, focusing on expanding its market presence in Southeast Asia.

Who invested in Kredivo Group

24 investors across 5 rounds

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Funding rounds

  1. Series D

    Mar 28, 2023

    Amount

    $267M

    Investors

    Locked

  2. Series C

    Nov 15, 2019

    Amount

    $90M

    Investors

    Locked

  3. Series B

    Apr 18, 2019

    Amount

    $30M

    Investors

    Locked

  4. Series A

    Dec 5, 2017

    Amount

    $6.5M

    Investors

    Locked

  5. Seed

    Jun 1, 2016

    Amount

    $1.1M

    Investors

    Locked

Questions about Kredivo Group

Who invested in Kredivo Group?

Kredivo Group has 24 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Kredivo Group raised?

Kredivo Group has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Kredivo Group last raise money?

Kredivo Group's most recent round on record is a Series D, in Mar 2023.

What does Kredivo Group do?

Kredivo Group is a financial services company.

Where is Kredivo Group headquartered?

Kredivo Group is headquartered in Kota Jakarta Pusat, Indonesia.

Which VCs invest in companies like Kredivo Group?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Kredivo Group's stage. Their profiles are linked below.

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