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Startups

Credit app Kredivo bags one of Southeast Asia's top fundings

Indonesia-focused startup will use part of $90m to expand into Philippines

FinAccel started operations in 2016, and aims to serve the "underbanked" in Indonesia through its digital credit service Kredivo. (Photo courtesy of FinAccel)

JAKARTA -- The fintech startup that operates the digital credit card service Kredivo in Indonesia has secured $90 million in new capital, in one of the largest fundraising rounds in Southeast Asia this year.

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