Nickel Fintech Startup Officially Acquired

Service developer startup embedded finance for the loan system Nickel (formerly Impact Credit Solution) reported to have been acquired. It is not yet known exactly which company has annexed the business, but according to information reported to regulators Felgo Capital Pte Ltd. become the entity making the acquisition. From the sources we got, all investors too exit along with this corporate action.

In mid-2022, Nickel just announced series A1 pendanaan funding they. $2,5 million raised from Vectr Fintech, Patamar Capital, Mitra M Venture, Looking Glass Ventures, and private funding from founder. In the previous round, 500 Starups, BCA, Mitra Integra, and a number of other investors participated in the funding.

At the end of 2021, Nickel has also entered into a strategic partnership with BCA, offering affordable financing for the Indonesian health sector during the pandemic. Strategic investment with bank BCA allows them to provide needed liquidity in the health sector, to ensure families in Indonesia receive adequate medical care and supplies during this pandemic.

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