Unicorn

Kredivo

Jakarta, DKI Jakarta, Indonesia

Sectors
fintech · BNPL · digital banking

Digital credit and buy-now-pay-later platform for Indonesia's underbanked, also active in Vietnam; owns Krom Bank Indonesia. Became a unicorn at a US$1.66bn valuation in 2022 and raised a US$270m Series D led by Mizuho in 2023; a 2021 SPAC listing was called off. Parent company is Singapore-registered.

People & team

Founders

Akshay Garg, Umang Rustagi, Alie Tan

Key people

  • Akshay GargCo-founder & CEO
  • Umang RustagiCo-founder & Deputy CEO
  • Alie TanCo-founder & CTO
Status
Active
Type
unicorn

Sources

3 sources
  1. 01
    Kredivo / VPCB transaction call transcript
    US SECaccessed 2026-09-24sec.gov
  2. 02
    FinAccel becomes a unicorn
    500 Globalaccessed 2026-09-24500.co
  3. 03
    Kredivo scores $270M Series D
    TechCrunchaccessed 2026-09-24techcrunch.com

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