About Kredivo Holdings
Kredivo Holdings is a company based in Jakarta (Indonesia) founded in 2015 by Alie Tan, Umang Rustagi, and Akshay Garg.. Kredivo Holdings has raised $660 million across 11 funding rounds from investors including Mirae Asset, Singtel and Mizuho Financial Group. Kredivo Holdings offers products and services including Kredivo, KrediFazz, and Krom. Kredivo Holdings operates in a competitive market with competitors including WeLab, KoinWorks, Epimoney, IndiaLends and Tala, among others.
- Headquarter Jakarta, Indonesia
- Founders Alie Tan, Umang Rustagi, Akshay Garg
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Kredivo Group Ltd
-
Annual Revenue
$2.61 M0as on Dec 31, 2017
-
Net Profit
$-3.65 M0as on Dec 31, 2017
-
EBITDA
$-3.65 M0as on Dec 31, 2017
-
Total Equity Funding
$660 M (USD)
in 11 rounds
-
Latest Funding Round
$270 M (USD), Series D
Mar 22, 2023
-
Investors
Mirae Asset
& 23 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kredivo Holdings
Kredivo Holdings offers a comprehensive portfolio of products and services, including Kredivo, KrediFazz, and Krom. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers instant credit for ecommerce purchases and personal loans.
Provides fast cash loans with low interest rates.
Enables finance management and savings through a mobile app.
Unlock access to complete
Software Development Team
18 people
Product Management Team
17 people
Leadership Team
9 people
Human Resources and Administration
8 people
Sales and Marketing
7 people
Finance and Accounting
6 people
Lead Team
3 people
Operations Team
2 people
Unlock access to complete
Funding Insights of Kredivo Holdings
Kredivo Holdings has successfully raised a total of $660M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $270 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series D — $270.0M
- First Round First Round
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series D - Kredivo Holdings | Valuation | Mizuho Financial Group | |
| Oct, 2022 | Amount | Series D - Kredivo Holdings | Valuation | Mirae Asset | |
| Sep, 2021 | Amount | Series C - Kredivo Holdings | Valuation | Cathay Innovation , Endeavor |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kredivo Holdings
Kredivo Holdings has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mirae Asset, Singtel and Mizuho Financial Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund investing in seed & early-stage startups
|
Founded Year | Domain | Location | |
|
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
|
Founded Year | Domain | Location | |
|
Early-stage tech ventures in the US and Asia are funded.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Kredivo Holdings
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Kredivo Holdings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kredivo Holdings Comparisons
Competitors of Kredivo Holdings
Kredivo Holdings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeLab, KoinWorks, Epimoney, IndiaLends and Tala, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products are offered through an online platform.
|
|
| domain | founded_year | HQ Location |
Developer of a P2P lending platform
|
|
| domain | founded_year | HQ Location |
Consumer and business loans are facilitated via an online platform.
|
|
| domain | founded_year | HQ Location |
Online platform providing loans and credit cards from various financial institutions
|
|
| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Kredivo Holdings
Frequently Asked Questions about Kredivo Holdings
When was Kredivo Holdings founded?
Kredivo Holdings was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Kredivo Holdings located?
Kredivo Holdings is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of Kredivo Holdings?
Akshay Garg is the current CEO of Kredivo Holdings. They have also founded this company.
Is Kredivo Holdings a funded company?
Kredivo Holdings is a funded company, having raised a total of $660M across 11 funding rounds to date. The company's 1st funding round was a Series C of $125M, raised on Dec 01, 2016.
What is the annual revenue of Kredivo Holdings?
Annual revenue of Kredivo Holdings is $2.61M as on Dec 31, 2017.
What does Kredivo Holdings do?
Founded in 2015 and based in Jakarta, Indonesia, Kredivo Holdings operates in the fintech sector. Consumer-focused purchase financing and instant cash loans are offered through an app-based platform accessible on iOS and Android devices. Services are designed for users seeking quick financial access, with operations centered on digital lending solutions in Southeast Asia.
Who are the top competitors of Kredivo Holdings?
What products or services does Kredivo Holdings offer?
Kredivo Holdings offers Kredivo, KrediFazz, and Krom.
Who are Kredivo Holdings's investors?
Kredivo Holdings has 24 investors. Key investors include Mirae Asset, Singtel, Mizuho Financial Group, Naver Financial, and Victory Park Capital Advisors.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.