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FinAccel
About
FinAccel is a credit risk and consumer lending platform for credit scoring automation and provision of credits.
- Jakarta,Jakarta Raya,Indonesia
- 1001 - 5000
- http://www.finaccel.co
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $30M
- Industries
- Consumer Lending,Finance,Financial Services,FinTech
- Founded date
- Jan 1, 2015
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
- Legal Name
- FinAccel Pte Ltd.
FinAccel is a financial technology company creating disruptive and meaningful products in retail credit for Southeast Asia, the 7th largest economy in the world and home to nearly 10% of the world's population. With an all-star team of investors, founders, and employees, FinAccel is currently focused on disruption in the unsecured lending space.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 11, 2022 | Series D | $140M | 7 |
Mirae Asset
|
— | Detail |
| Dec 2, 2019 | Series C | $90M | 11 |
MDI Ventures
Square Peg Capital
Telkomsel Mitra Inovasi
|
— | Detail |
| Jul 24, 2018 | Series B | $30M | 8 |
Square Peg Capital
|
— | Detail |
| Oct 4, 2017 | Series A | — | 2 |
Openspace
|
— | Detail |
| Jun 1, 2016 | Seed | — | 8 |
Jungle Ventures
|
— | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jan 5, 2022
Timo
|
Series Unknown | $20M | Banking | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Mirae Asset
|
Yes | Series D |
|
MDI Ventures
|
Yes | Series C |
|
|
Yes | Series C |
|
Telkomsel Mitra Inovasi
|
Yes | Series C |
Cathay Innovation
|
— | Series D |
Endeavor Catalyst
|
— | Series D |
GMO Global Payment Fund
|
— | Series D |
|
Jungle Ventures
|
— | Series D |
|
Openspace
|
— | Series D |
|
Square Peg Capital
|
— | Series D |
Employee Profiles
Exits
FinAccel has had 1 exits. FinAccel most notable exits include Bank Bisnis Internasional
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Sep 7, 2020 | Bank Bisnis Internasional | M&A | Banking | Detail |
Acquisition
FinAccel has acquired 1 organizations. Their most recent acquisition was Bank Bisnis Internasional on Apr 4, 2022. They acquired Bank Bisnis Internasional for $200M.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Apr 4, 2022
Bank Bisnis Internasional
|
Banking | acquisition | $ 200M | Detail |
