Akulaku is a banking and digital finance platform that provides a variety of virtual payment services.
Akulaku is a leading banking and digital finance platform in Southeast Asia, with a presence in Indonesia, the Philippines, and Malaysia. Akulaku exists to help meet the daily financial needs of underserved customers in emerging markets through digital banking, digital financing, digital investment, and insurance brokerage services. In addition to the Akulaku virtual credit card and ecommerce platform, the company operates Asetku, an online wealth management platform and Neobank, a mobile digital bank supported by Bank Neo Commerce. Akulaku’s mission is to serve 50 million users across Southeast Asia by the year 2025.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 26, 2022 | Series Unknown | $200M | 1 | Mitsubishi UFJ Financial Group | — | Detail |
Mar 30, 2022 | Debt Financing | $10M | 1 | Lend East | — | Detail |
Feb 15, 2022 | Series E | $100M | 1 | SCB Group | — | Detail |
Feb 26, 2021 | Series D | $125M | 1 | The Silverhorn Group | — | Detail |
Jan 10, 2019 | Series D | $100M | 1 | Ant Group | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Mar 25, 2019
Bank Neo Commerce
|
Post-IPO Secondary | — | Accounting | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Mitsubishi UFJ Financial Group | Yes | Series Unknown |
Lend East | Yes | Debt Financing |
SCB Group | Yes | Series E |
The Silverhorn Group | Yes | Series D |
Ant Group | Yes | Series D |
Sequoia Capital India | Yes | Series C |
Arbor Ventures | — | Series C |
Eight Roads Ventures | — | Series C |
FINUP | — | Series C |
IDG Capital | — | Series C |
Akulaku has had 1 exits. Akulaku most notable exits include Bank Neo Commerce
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jan 16, 2015 | Bank Neo Commerce | IPO | Accounting | Detail |