5 October 2021 – Bank DBS Indonesia and Kredivo announced a joint financing of up to INR 1 trillion ($70 million) to be channelled to customers of Kredivo, a digital credit platform for retail borrowers in Indonesia.

This collaboration is part of a commitment from DBS Indonesia to create innovative and inclusive financial products that help a wider range of customers achieve their financial needs. For Kredivo, this collaboration will help further the company’s commitment to expand credit access to tens of millions of users in the next few years both through its market leading buy now pay later and personal loan products.

News source: Kontan.co.id