Akulaku news and trends

Indonesia’s Akulaku Expands BNPL Offering
Buy Now Pay Later // July 05, 2022

Indonesian digital banking and finance platform Akulaku is expanding its buy now, pay later (BNPL) platform Akulaku PayLater, according to a Tuesday (July 5) press release. Launched earlier this year, Akulaku PayLater lets people with little to no credit history purchase the products they need...

Today in FinTech: Buckle up for the New FinTechIPO™ Index
IPO // February 18, 2022

In Today’s FinTech news, PYMNTS is introducing the FinTechIPO™ Index to give people an idea of how the firms within the index are performing, while London-based FinTech Nous raised $8.9 million to people tackle the cost of living. FinTechIPO™ Index: Game Changers of Financial Services...

Akulaku Gets $100M Investment for Southeast Asia Expansion
Investments // February 18, 2022

Siam Commercial Bank has made a $100 million strategic investment in Indonesian banking and digital finance platform Akulaku that will help the company continue its expansion across Southeast Asia, according to a press release Tuesday (Feb. 15). Akulaku — which already has a presence in...

Akulaku Considers Going Public Through SPAC at $2B
SPAC // January 14, 2022

Indonesian online lender Akulaku Inc. is mulling going public in the U.S. through a merger with a blank-check company that would value the company at almost $2 billion, people with knowledge of the situation told Bloomberg Friday (Jan. 14). Akulaku, which is backed by Ant...

Quick Reads
Finance Platform Akulaku, Alipay+ Team to Offer BNPL Solutions

September 07, 2022
Indonesian banking and digital finance platform Akulaku has partnered with Alipay+, allowing customers in Indonesia to use Akulaku’s buy now, pay later (BNPL) offering PayLater at Alipay+ merchants worldwide. According to a Tuesday (Sept. 6) news release, Akulaku PayLater launched in 2016, letting consumers with limited credit history access a line of credit as well […]

Indonesia’s Akulaku Expands BNPL Offering

July 05, 2022
Indonesian digital banking and finance platform Akulaku is expanding its buy now, pay later (BNPL) platform Akulaku PayLater, according to a Tuesday (July 5) press release. Launched earlier this year,...

Akulaku Gets $100M Investment for Southeast Asia Expansion

February 18, 2022
Siam Commercial Bank has made a $100 million strategic investment in Indonesian banking and digital finance platform Akulaku that will help the company continue its expansion across Southeast Asia, according...

Akulaku Considers Going Public Through SPAC at $2B

January 14, 2022
Indonesian online lender Akulaku Inc. is mulling going public in the U.S. through a merger with a blank-check company that would value the company at almost $2 billion, people with...