LIVE
///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops
Return to DirectoryKredivo Group
Submit Correction
Kredivo GroupSeries D
Jakarta| Est. 2015
Series D
Interest income from installment payments (2.6% monthly), merchant fees for BNPL integration, personal loans, and Krom Bank deposit-lending spread. AI-powered real-time credit decisioning with 200+ e-commerce partners.
Investment Thesis
"Low credit card penetration (only 8M unique holders) creates massive BNPL opportunity. Third-party BNPL market leader with bank-like risk metrics and digital bank synergies."
Recent Signals
- 01Acquired GajiGesa (earned wage access) February 2025.
- 02Launched Krom Bank neobank.
- 03Partnerships with Shell Indonesia, Transjakarta.
- 04Expanding across SEA.
Key People
- AAkshay Garg
- UUmang Rustagi
- AAlie Tan
Cap Table
Verified Funding History
| Round | Date | Amount | Participating Investors |
|---|---|---|---|
| Debt | Jun 2021 | US$ 100M | Victory Park Capital |
| Venture Debt | Jul 2020 | US$ 100M | Victory Park Capital Advisors |
| Series C | Dec 2019 | US$ 90M | Mirae Asset-Naver (co-lead), Square Peg (co-lead), Singtel Innov8 |
| Venture Debt | Sep 2019 | US$ 20M | Partners for Growth |
Data Integrity Check
We prioritize accuracy. Is this profile outdated, missing a round, or containing incorrect metrics? Help us maintain the single source of truth for the ecosystem.