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Singapore-based start-up that gives loans to online shoppers scores US$500 mil valuation

Startups, Entrepreneurs, Digital economy

Singapore-based start-up that gives loans to online shoppers scores US$500 mil valuation

Bloomberg Published on Tue, Dec 03, 2019 / 9:16 AM GMT+8

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SINGAPORE (Dec 3): FinAccel Pte, which extends credit to online shoppers in Indonesia under the Kredivo brand, has raised US$90 million ($123 million) of expansion capital in a fundraising round valuing the company at almost US$500 million.

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