Recent events
Recent events tied to this brand in public sources.
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2022
Kredivo and MAP announce retail payment partnership
Kredivo announced a strategic partnership with PT Mitra Adiperkasa (MAP) to let customers use Kredivo payment options at MAP retail outlets. The integration was live as of January 25, 2022.
2021
Kredivo and IKEA Indonesia sign payment partnership
Kredivo signed a strategic partnership with IKEA, enabling customers to pay for IKEA purchases on the IKEA Indonesia website and in offline stores using Kredivo, including installment options.
2021
Kredivo announced three Board of Commissioners appointments
FinAccel announced that Arsjad Rasjid, Darmin Nasution, and Karen Brooks would join the Board of Commissioners of Kredivo Indonesia, pending regulatory approval.
2021
Kredivo and Phoenix Holdings form a Vietnam joint venture
Kredivo partnered with Phoenix Holdings to form Kerdivo Vietnam JSC, a joint venture associated with Kredivo’s Vietnam launch.
2021
Kredivo announces Vietnam launch
Kredivo announced a Vietnam launch through a joint venture with Phoenix Holdings and said it would offer “buy now, pay later” services there.
2021
Kredivo expands warehouse financing facility to US$200 million
Kredivo and Victory Park Capital announced an expansion of their financing facility from US$100 million to US$200 million. The additional capital will fund consumer loans for Kredivo borrowers in Indonesia.
2020
Kredivo closes up to US$100 million debt facility
Kredivo and Victory Park Capital closed a committed debt facility of up to US$100 million to fund consumer loans for Kredivo borrowers in Indonesia. The source says the transaction closed in the previous quarter but does not specify the calendar date.