Key Stats
Name: Kredivo
Sector: Buy Now Pay Later (BNPL)
Founder & CEO:
Akshay Garg (Co-Founder and Group CEO)
Umang Rustagi (Co-Founder and President Director/COO)
Year of investment: 2019
Rounds: Series C
What they do
Kredivo is a leading digital financial services and Buy Now, Pay Later (BNPL) platform operating across Southeast Asia (including Indonesia, Vietnam, the Philippines, and Thailand).
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- Buy Now, Pay Later (BNPL): Allows users to shop online or offline (at partner merchants) and pay later within 30 days at 0% interest, or split payments into flexible monthly installments.
- Instant Cash Loans: Gives eligible mobile app users access to quick personal or cash loans disbursed directly to their bank accounts.
- Bill Payments: Lets customers pay utility bills, purchase mobile top-ups, and manage recurring services inside the app.
- QR Code Payments: Enables fast point-of-sale scanning (such as QRPh in the Philippines or Thai QR in Thailand) to use your credit limit directly at checkout.
Why we like them
Kredivo is considered a leading digital financial services and “Buy Now, Pay Later” (BNPL) platform in Southeast Asia. They offer fast and seamless approvals for customers using a mix of proprietary and AI-enabled software. They provide versatile services and have strong backing and regulation.
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