The Startup Atlas · Southeast Asia · Indonesia

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Kredivo Group

Digital credit group offering pay-later and personal loans, digital banking and earned-wage access to consumers in Indonesia, Vietnam and Thailand.

Founded
2015 · Jakarta, Indonesia
Founders
Akshay Garg (Co-founder and Group CEO) · Umang Rustagi (Co-founder; President Director, Kredivo Indonesia)

In their words

“This acquisition is an important moment for Kredivo. Vietnam is a market of enormous potential, with a young, mobile-first population and significant unmet demand for high-quality, accessible financial services.”
Akshay Garg, Co-founder and CEO, Kredivo Group · Kredivo Group press release, 2026-05-06

On the record

  • 2026-05-06Agreed to acquire about 100% of Vietnamese digital bank Timo; the group says it has raised about $500 million to date. Kredivo Group press release
  • 2023-03-22Raised a $270 million Series D led by Japan's Mizuho Bank, which contributed $125 million. TechCrunch

Verified by IRIS on 2026-11-13. Something changed? Write to hello@iris-media.xyz.