Akulaku

About

Akulaku is a banking and digital finance platform that provides a variety of virtual payment services.

Jakarta,Jakarta Raya,Indonesia
1001 - 5000
http://www.akulaku.com

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $200M
Industries: Banking,Financial Services,FinTech,Insurance,Wealth Management
Founded date: Jan 1, 2016
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: Akulaku Inc.
Also Known As: Silvrr

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.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$648.06M

Akulaku has raised a total of $648.06M in funding over 2 rounds. Their latest funding was raised on Dec 26, 2022 from a Series Unknown round.

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

Investments

Number of Investments

Number of Lead Investments

1

0

Akulaku has made 1 investments. Their most recent investment was on Mar 25, 2019, when Bank Neo Commerce raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Mar 25, 2019 Bank Neo Commerce	Post-IPO Secondary	—	Accounting	—

Investors

Number of Lead Investors

Number of Investors

8

17

Akulaku is funded by 17 investors. Mitsubishi UFJ Financial Group and Lend East are the most recent investors.

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