Indonesian BNPL platform Akulaku in talks to raise funds, plans to list by 2022

The Akulaku logo is split between two screens. Photo: DealStreetAsia

Indonesian digital consumer finance platform Akulaku is in talks to raise a pre-IPO funding round this year ahead of a public listing in 2022, three sources aware of the development told DealStreetAsia.

According to one of the sources, Ant Group-backed Akulaku is targeting to raise $250 million in a Series E round later this year and is understood to be in talks with investors. It has appointed Morgan Stanley as its financial advisor, the source added. 

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter