Indonesian lending app Kredivo closes $100m debt financing from Victory Park Capital

Indonesian lending app Kredivo closes $100m debt financing from Victory Park Capital

Indonesian digital credit platform Kredivo has closed a debt facility of up to $100 million from Chicago-headquartered private credit firm Victory Park Capital Advisors (VPC), according to an official announcement.

This marks Kredivo’s largest-ever deal with a credit provider. The deal also marks VPC’s first transaction in Southeast Asia.

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