Kredivo
Indonesia’s BNPL platform Kredivo acquires nearly full ownership of Vietnam’s Timo Digital Bank
Indonesia’s buy now pay later (BNPL) firm Kredivo has acquired nearly 100 percent of Timo Digital Bank, a Vietnamese digital banking platform developed in cooperation with Vietnamese major lender BVBank.
Indonesia’s BNPL platform Kredivo now owns 99.99% of Vietnam’s digital bank Timo
Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.
Indonesia BNPL firm Kredivo plans go public via via $2.5B SPAC merger
Public listing expected to enable Kredivo’s continued growth in Indonesia, expansion into regional markets, and the ability to enter new business lines.
