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Akulaku is an Indonesian fintech company that provides consumer credit, digital banking, wealth management, and insurance brokerage services in South East Asia. The company has operations in Indonesia, the Philippines, Thailand, and Malaysia.

History

Akulaku was officially founded in 2016 by William Li and Gordon Hu. Before it became Akulaku, the company began in 2014 by providing cross-border remittance services for domestic workers in Hong Kong as Silvrr before branching out to operate its online credit and e-commerce platform in Indonesia and the Philippines. In 2016, the company pivoted into a fintech company.

In 2019, Akulaku acquired an Indonesian bank called PT Bank Yudha Bhakti Tbk (BBYB) and later renamed it PT Bank Neo Commerce Tbk (BNC).

References

1. Claudia Chong, "BNPL player Akulaku raises US$10m in debt round led by Lend East". businesstimes.com.sg. 30 May 2022. Retrieved 24 September 2022.
2. Yosi Winosa, "Alibaba-backed Indonesian multifinance fintech Akulaku planning Islamic roll-out". salaamgateway.com. 16 December 2019. Retrieved 24 September 2022.
3. "Fintech Jack Ma, Akulaku Akan Melantai di Wall Street?". cnbcindonesia.com. 17 January 2022. Retrieved 24 September 2022.
4. "Akulaku Incar Pendanaan Baru hingga Rp400 Miliar Tahun Ini". teknologi.bisnis.com. 17 January 2022. Retrieved 24 September 2022.
5. "Kisah Sukses William Li, Sang CEO Akulaku". finansialku.com. Retrieved 24 September 2022.
6. "Akulaku eyes further Southeast Asia expansion". kapronasia.com. 2 March 2022. Retrieved 24 September 2022.
7. Xavier Kong,"Indonesian fintech firm Akulaku sees 122% rise in annual revenue". techinasia.com. 9 May 2022. Retrieved 24 September 2022.

External links

• Official Website
• Akulaku Vietnam

• Singaporean companies established in 2014
• Companies of Indonesia
• Companies of Singapore
• Financial services companies of Indonesia