FinAccel

lendingp2p lending

FOUNDING YEAR: 2015
LOCATION: Indonesia
Last Update: 09/07/2020

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About

Based out of Singapore, FinAccel is a company which provides a credit platform for online shopping. This online platform allows users to take personal loans with low interest rates. The company offers a product called Kredivo which claims to use a big data-driven credit risk engine which makes a user eligible to receive credits.

Focus

PRODUCTS & SERVICES

FinAccel is an online retail credit platform which is used while shopping.

REVENUE MODEL

The company earns revenue by charging its partners a monthly subscription fee.

MAIN CLIENTS

Online retail consumers

EXISTING PARTNERSHIPS

BFI Finance

People

FOUNDERS

Umang Rustagi

Alie Tan

Umang Rustagi

Akshay Garg

Alie Tan

NUMBER OF EMPLOYEES

11-50

INVESTORS:

500 Startup

500 Startups

Alpha JWC Ventures

Cathay Innovation

GMO Venture Partners

Jungle Ventures

MDI Ventures

Mirae Asset Global Investments

NSI Ventures

KEY EMPLOYEES:

Akshay Garg

Akshay Garg (CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$120 M

DATE OF LAST FUNDING

Dec 2019

TOTAL FUNDING COMMENT

The company is planning to use the funds to build a digital credit card for Southeast Asia. (July 2018)

FUNDING SERIES

SERIES B  · $30 M  · ---

SERIES C  · $90 M  · ---

PRIZE MONEY

$108.53 K

LISTED

NO

COMMENT

The company has won first prize of SG $150,000 in MAS Fintech (ASEAN SME Category) Award 2018.

BASICS

FOUNDING YEAR:

2015

LOCATION:

Indonesia

Views:

58 VISITORS | 94 VIEWS
LATEST FUNDING ROUND

$120 M

TOTAL EMPLOYEES
11-50

About

Based out of Singapore, FinAccel is a company which provides a credit platform for online shopping. This online platform allows users to take personal loans with low interest rates. The company offers a product called Kredivo which claims to use a big data-driven credit risk engine which makes a user eligible to receive credits.

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