# Kredivo Group

> Kredivo Group is a Southeast Asian digital financial-services company that began with fast checkout credit and now spans consumer lending, cash loans, digital banking, earned-wage access and regional expansion. Its central capability is real-time credit decisioning for consumers often underserved by conventional credit products, distributed through apps and merchant integrations and financed with a mix of equity and large bank or institutional credit facilities.

- **Founded:** 2015
- **Headquarters:** South Jakarta, Indonesia
- **Founders:** Akshay Garg (Co-founder and Group CEO), Umang Rustagi (Co-founder and President Director, Kredivo Indonesia)
- **Team size:** 1,001-5,000 employees on LinkedIn; the platform displayed roughly 2,800 employee profiles in 2026.
- **Products:** Kredivo, KrediFazz, Krom, GajiGesa, Timo
- **Notable:** Grew Kredivo to more than 11 million active Indonesian users by July 2025, according to company figures reported by Kontan., Built distribution across more than 10,000 merchant partners, according to a 2026 company update., Krom passed 1 million opened accounts and IDR 10 trillion in customer deposits in June 2026.

## Products & services

- **Kredivo** — Real-time digital credit for online and offline purchases, installment payments and personal loans, distributed through a mobile app and merchant checkouts.
- **KrediFazz** — Licensed Indonesian peer-to-peer lending service focused on fast, app-based cash loans.
- **Krom** — Indonesian digital bank offering accounts, transfers, savings pockets, time deposits and newer credit and payment features.
- **GajiGesa** — Earned-wage-access and financial-wellness platform connecting employers with employees who want access to pay already earned.
- **Timo** — Vietnamese digital-banking platform offering account opening, payments, debit cards, savings and time deposits; acquired almost entirely by Kredivo Group in 2026.
- **Merchant financing and embedded credit** — Checkout and point-of-sale integrations that let merchants offer Kredivo financing, including branded or partner-led programs.

## Achievements

- Grew Kredivo to more than 11 million active Indonesian users by July 2025, according to company figures reported by Kontan.
- Built distribution across more than 10,000 merchant partners, according to a 2026 company update.
- Krom passed 1 million opened accounts and IDR 10 trillion in customer deposits in June 2026.
- Acquired approximately 100% of Timo Digital Bank in May 2026, creating a digital-banking franchise in Vietnam.
- Acquired GajiGesa, which reported 350,000 employee customers and more than 400 employer relationships, in 2025.
- Raised an approximately US$270 million Series D led by Mizuho Bank in 2023.
- Won The Asian Banker's Best Lending Technology Platform in Indonesia award in 2018 and Best Frictionless Credit Evaluation Initiative in 2019.
- Was selected among KPMG and H2 Ventures' top 100 fintech startups globally in 2018.

## Latest updates

- **2026-06** — Krom Bank announced more than 1 million opened accounts and IDR 10 trillion in customer deposits.
- **2026-05** — Kredivo Group announced the approximately 100% acquisition of Timo Digital Bank and new capital from investors including Mizuho Bank, Amazon and Asia Partners.
- **2026-01** — Bank DBS Indonesia expanded its Kredivo channeling facility to IDR 3 trillion.
- **2025-12** — BCA Digital agreed a channeling facility with Kredivo focused on expanding credit access beyond Indonesia's largest cities.
- **2025-11** — Kredivo partnered with Transjakarta to add PayLater access to urban mobility.
- **2025-02** — Kredivo Group announced the acquisition of GajiGesa, entering earned-wage access.

## Links

- Website: https://kredivocorp.com
- LinkedIn: https://www.linkedin.com/company/kredivo-group
- Twitter/X: https://twitter.com/kredivo
- YouTube: https://www.youtube.com/@kredivo_official
- Instagram: https://www.instagram.com/kredivo/
- Facebook: https://www.facebook.com/kredivo/
- TikTok: https://www.tiktok.com/@kredivo

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Profile page: https://yespress.io/kredivo-group
Published by YesPress — https://yespress.io
Last updated: 2026-08-14