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Buy now, pay later startup Kredivo doubles its debt facility from Victory Park Capital to $200M

June 21, 2021

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Kredivo announced today it has secured another $100 million debt facility from Victory Park Capital (VPC). This doubles the Indonesian digital lending and credit platform’s total warehouse financing facility from VPC to $200 million. The first round was closed in July 2020. Kredivo is operated by Singapore-based fintech FinAccel. This is the largest loan facility it has raised so far, and is VPC’s biggeast debt commitment to a fintech company outside of the United States and Europe, as well as its only investment in Southeast Asia. Kredivo will use the…

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Buy now, pay later startup Kredivo doubles its debt facility from Victory Park Capital to $200M

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