In today’s FinTech news, Kedivo parent FinAccel picked up a 75% stake in Bank Bisnis, while Klarna finalized its deal for PriceRunner. Plus, Telepin and DigiWallet are working together to bring mobile financial services to Belize. FinAccel Acquires $200M Majority Stake in Bank Bisnis FinAccel,...
Consumer credit risk, scoring and lending platform FinAccel is acquiring a majority stake in the private commercial financial institution Bank Bisnis International for $200 million as part of the FinTech startup’s growth strategy in the financial services sector, according to a press release on Monday...
In today’s FinTech news, GoTo is moving forward with its initial public offering (IPO) plans in Indonesia, while Green Dot collaborates with Plaid to expand banking services. Plus, Baselane expands its financial management services tailored to landlords’ needs and more. Super App GoTo Readies $1.3B...
Buy now, pay later (BNPL) startup Kredivo’s parent FinAccel is suspending its $430 million initial public offering (IPO) over adverse market conditions, multiple news outlets reported on Tuesday (March 15). The IPO was announced in August and was set to take place via a $2.5 billion...
August 19, 2022
Singaporean FinTech FinAccel reportedly aims to raise $100 million at a $1.5 billion valuation. That valuation would be one-quarter lower than the $2 billion valuation it had in 2021, according to a Bloomberg report that cited unnamed sources familiar with the matter and added that a FinAccel representative declined to comment. FinAccel is the parent […]
April 04, 2022
Consumer credit risk, scoring and lending platform FinAccel is acquiring a majority stake in the private commercial financial institution Bank Bisnis International for $200 million as part of the FinTech...
March 15, 2022
Buy now, pay later (BNPL) startup Kredivo’s parent FinAccel is suspending its $430 million initial public offering (IPO) over adverse market conditions, multiple news outlets reported on Tuesday (March 15). The...
December 03, 2019
Singapore-based FinAccel has raised $90 million in a funding round led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square Peg. Singtel Innov8, TMI (Telkomsel...
