Kredivo Group, founded in 2015, stands at the forefront of Southeast Asia’s digital financial services industry. Through its brands Kredivo, KrediFazz, and Krom, the group has established significant presence, especially in Indonesia and Vietnam. Known for its pioneering digital credit platform, Kredivo empowers users with instant credit financing for both ecommerce and offline purchases, offering one of the lowest interest rates in Indonesia, thus leveraging the rapid growth in digital transactions in the region.
The group is also poised to redefine banking with the transformation of Krom Bank Indonesia into an upcoming neobank. Kredivo Group is backed by a robust lineup of investors, including Mizuho Financial Group, Square Peg Capital, Jungle Ventures, Naver Corp, Mirae Asset, Telkom Indonesia, and more. A recent $270.00M Series D investment occurred on 23 March 2023, featuring backers like Jungle Ventures and Openspace Ventures. With its dynamic approach, Kredivo Group holds promise for continued growth in the fintech landscape.
