Professional loan providers
Akulaku
Akulaku is the largest online credit institution in Southeast Asia. It operates in markets of Indonesia, Malaysia, Vietnam and Philippines. The company has 1,600 employees and 15 mil. registered users. Since its inception, it has provided loans exceeding value of 650 million. USD to more than 2.5 million clients. Its shareholders include major companies such as Alibaba (via Ant Financial), IDG Ventures, Sequoia Capital and Fidelity Investment Group.
The company offers short-term cash loans and instalment loans for purchasing consumer goods. For instalment loans the company sells goods through its own eCommerce platform as well as cooperate with more than 90,000 online stores where Akulaku payment is directly integrated into their online sales process.
The average amount of cash loans provided is 45 EUR with a maturity of 30 days. The average instalment loan for purchasing of goods is 120 EUR with a maturity of 12 months or less.
The Company has multi-finance licence from OJK (Indonesian Financial Regulator) and a license to provide lending and investment services from the SEC (Security and Exchange Commission) in Philippines.
The company's vision is to help to create a cashless society in Southeast Asia.
Akulaku provides to all our investors who invest in their loans a Buyback guarantee for an event that the debtor would be late with a repayment of more than 60 days. Akulaku also always retains a share in all loans at a minimum of 10 %.
- Company presentation
- Ant-Backed Akulaku Mulls SPAC Merger at $2 Billion Value
- Thai lender SCB invests $100 million in Indonesia's Akulaku