About Us

FinAccel is building the future of financial services that are fast, cheap and widely accessible, wrapped into a beautiful UX. That means we’re constantly hustling! Take a look below to know more about us.

Life at FinAccel

Our Milestones

  • 2022
    Partners with PT Ramayana Lestari Sentosa Tbk (Ramayana) to expand credit access in tier 2 & 3 cities in Aug
  • Bank DBS Indonesia Increases Joint Financing Limit to IDR 2 Trillion to Accelerate Credit Distribution in the Retail Sector in July
  • Partners with 1000 Days Fund to fight childhood stunting by distributing 200,000 Smart Charts across Indonesia in June
  • The launch of Kredivo Katadata 3rd annual edition of Indonesian e-Commerce Consumer Behavior Report in June
  • Announces a commitment to the EDISON Alliance’s 1 Billion Lives Challenge to provide access to digital financial services in South East Asia in May
  • Partnered with Mastercard and Bank BNI to launch Infinite Card, a virtual card that can be used to pay on all e-commerce and online platforms in Apr
  • Acquired the majority ownership of Bank Bisnis to expand to digital banking in Apr
  • Partnered with PT Mitra Adiperkasa Tbk (MAP) to make global brands more affordable for customer in Feb
  • 2021
    Partnered with Bank Sahabat Sampoerna to launch “Flexi Card”, a physical Paylater card in Dec
  • Partnered with Standard Chartered to offer Buy Now, Pay Later (BNPL) loans to Kredivo users in Oct
  • Closes Rp 1 Trillion Credit Line with DBS Indonesia to Accelerate Financial Inclusion in Oct
  • Officially get a P2P Lending License from OJK for KrediFazz, FinAccel’s P2P Lending company in Oct
  • Raises an additional PIPE investment and appoints new board of commissioners in Sep
  • Launched Its Vietnam Operations Through a Joint Venture with Phoenix Holding in Aug
  • Announces Plans to Publicly Traded Company via Merger with VPC Impact Acquisition Holdings II in Aug
  • Partnered with eFishery to expand productive lending for MSMEs in Jul
  • Closes up an additional US$100m debt facility with Victory Park Capital in Jun
  • The launch of Kredivo Katadata 2nd annual edition of Indonesian e-Commerce Consumer Behavior Report in Jun
  • Partnered with Bukalapak to provide a white label paylater feature for Bukalapak users in Apr
  • Become the official and exclusive partner in Indonesia and the first in Southeast Asia for Samsung Financing, an instant credit solution for Samsung in Mar
  • Donated USD 100,000 to GSI Lab (~2,348 PCR tests) to accelerate COVID-19 testing in Indonesia, especially for those in need in Feb
  • 2020
    Closes up to US$100m warehouse financing facility with Victory Park Capital to boost Indonesian expansion in Nov
  • Launched “Generasi Djempolan”, a financial literacy movement to encourage millennials to be both tech-savvy and financially-savvy to accelerate economic recovery in Nov
  • The release of the joint Kredivo Katadata report on Indonesian ecommerce user behavior in Aug
  • 2019
    Raised $90 million series C funding led by Asia Growth Fund and Square Peg in Dec
  • Closed Rp 1 Trillion Credit Line with Permata Bank to Accelerate Financial Inclusion in Sep
  • Won IDC DX 2019 “Information Visionary” Award in Sep
  • Won “The Best Frictionless Credit Evaluation Initiative” Award at the Asian Banker Indonesia Country Awards in Sep
  • Closed a US$20 million debt funding round with Partners for Growth (PFG) to fuel Indonesian expansion in Sep
  • Launched Zero-click checkout, the fastest and most seamless checkout experience to transact on e-commerce in Sep
  • Volunteered for #iamchange program by Happy Hearts Indonesia to build schools for early childhood education in East Nusa Tenggara in Aug
  • Got fresh funding from Telkomsel, MDI Ventures in July
  • Partnered with Citilink to offer affordable, instant credit to buy air travel for Indonesians in June
  • Launched “Donation” feature in welcoming the Holy Month of Ramadan in May
  • Partnered with Moka POS to Provide Digital Credit Payments in Offline Merchant in Feb
  • 2018
    Volunteer Trip to Lombok, Helping with the Reconstruction Efforts Post Natural Disaster in Dec
  • Kredivo Selected in the KPMG & H2 Ventures top 100 Fintech Startups Globally and Singapore Fintech Festival’s #1 Fintech Startup in SEA in Nov
  • Product Expansion into Personal Loans in Sept
  • Won “The Best Lending Technology Platform in Indonesia” Award at the Asian Banker Indonesia Country Awards in Aug
  • Won “Information Visionary of the Year” Award at IDC DX Awards Indonesia in Aug
  • Google Play’s Top 30 Shortlist of “Standout Startup of 2018” in May
  • Live with all of Indonesia’s top 5 ecommerce merchants in March
  • 2017
    Google Play’s Best App of 2017 “Hidden Gem” in Dec
  • 2016
    Installment loan product introduced in Aug
  • Started operating, first loan disbursed in Apr
  • 2015
    FinAccel is incorporated, raised Seed Round lead by Jungle Ventures in Dec

Our Team

Akshay Garg

Akshay Garg

CEO & Co-Founder

Umang Rustagi

Umang Rustagi

Deputy CEO & Co-Founder,
President Director, Kredivo Indonesia

Alie Tan

Alie Tan

CTO & Co-Founder

Dennis Lerchl

Dennis Lerchl

CFO

Valery Crottaz

Valery Crottaz

Chief Capital Officer & Head of International Expansion

Paramananda Setiawan

Paramananda Setiawan

Founding Team
Chief Data Officer

Junario Wibawa

Junario Wibawa

Chief of Everything

Matt Mullarkey

Matt Mullarkey

SVP, Legal Affairs

Anita Wijanto

Anita Wijanto

SVP, Compliance,
President Director, KrediFazz Indonesia

Abhijay Sethia

Abhijay Sethia

SVP, Strategy & Corporate Development

Krishnadas

Krishnadas

SVP, Business Development

Tarun Sharma

Tarun Sharma

SVP, Collections

Ahmad Johari

Ahmad Johari

SVP, Customer Operations

Aries Purwo

Aries Purwo

SVP, Risk Management

Andy N Gultom

Andy N Gultom

SVP, External Affairs

Lily Suriani

Lily Suriani

General Manager Indonesia

Alvin Kurniawan

Alvin Kurniawan

VP, Finance

Andrew Gunawan

Andrew Gunawan

VP, Finance (Group Finance Controller)

Indina Andamari

Indina Andamari

Founding Team
VP, Head of Marketing and Communications

Kevin Siahaan

Kevin Siahaan

VP, Legal Affairs

Iswara Gozali

Iswara Gozali

Founding Team
AVP, Head of Product, International

Helen Diana

Helen Diana

Founding Team
AVP, Head of Product, Indonesia

Karan Mirpuri

Karan Mirpuri

AVP, Head of Product Analytics

Alethia Tan

Alethia Tan

AVP, Head of Growth Operations

Chieh Ho

Chieh Ho

AVP, Capital Markets

William Sugianto

William Sugianto

AVP, Capital Markets

Gerardus Redya

Gerardus Redya

AVP, Group FBP&A

Krisna Parapat

Krisna Parapat

AVP, Group Head of HR

Joelian Samuel

Joelian Samuel

Head of ML Engineering

Mahesh Bhosale

Mahesh Bhosale

Founding Team
Head of Software Engineering

Fabian Sulaiman

Fabian Sulaiman

Head of Software Engineering

Henri Harianja

Henri Harianja

Head of Software Engineering

Yansen Tan

Yansen Tan

Founding Team
Head of Fullstack Engineering

Catur Sugianto

Catur Sugianto

Head of Mobile Engineering

Peter Juanda

Peter Juanda

Head of DevOps Engineering

Our Board of Directors

Akshay Garg

Akshay Garg

Chairman of the Board

Umang Rustagi

Umang Rustagi

Board Member

David Gowdey

David Gowdey

Jungle Ventures, Board Member

Tushar Roy

Tushar Roy

Square Peg Capital, Board Member

Jikwang Chung

Jikwang Chung

Mirae Asset, Board Member

Jefrey Joe

Jefrey Joe

AlphaJWC Ventures, Board Member