Indonesia’s digital consumer credit platform FinAccel, the parent company of Kredivo, has re-domiciled to the Cayman Islands, according to its recent filings with the Singapore regulator.
FinAccel’s filings to the Accounting and Corporate Regulatory Authority (ACRA) showed that it transferred all its shares to the new entity, making it a wholly-owned subsidiary through a share swap deal. A separate ACRA filing named the new Cayman company as Kredivo Holdings Ltd.