Kredivo parent FinAccel seeks to raise up to $135m in Series D funding

Fintech company FinAccel — the parent of Indonesian buy now, pay later player Kredivo — is seeking to raise up to $135 million in a Series D funding round, according to regulatory filings.

As part of the round, the company plans to issue Series D-1, D-2 and D-3 convertible preference shares to investors at $27.14, $31.02 and $38.77 apiece, its filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) show.

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