Parent Kredivo Announces IDR 4 Trillion Series D Funding, Led by Mizuho Bank
Fresh funds are focused on expanding the financial ecosystem Kredivo, as well as making the most of Krom's digital bank debut
Kredivo Holdings (rebranding from FinAccel) announced series D funding worth $270 million or the equivalent of IDR 4 trillion. This round was led by Mizuho Bank Ltd., a subsidiary of Mizuho Financial Group Inc. from Japan – noting that the company participated $125 million in this round of the series.
In addition to previous investors Kredivo also involved, such as Square Peg Capital, Jungle Ventures, Naver Financial Corporation, GMO Venture Partners, and Openscape Ventures.
Evercore, a leading global independent investment banking advisory firm, is acting as exclusive financial advisor in this series D equity transaction, and Cooley LLP is acting as legal counsel.
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