Akulaku
TypePrivate
IndustryFinancial Technology
Founded2014
Headquarters
Singapore
Area served
Southeast Asia
Key people
  • William Li (founder, CEO)
  • Gordon Hu (co-founder and CTO)
  • Nancy Zhou (COO)
  • Fan Zhang (CFO)
  • Jason Guo (CRO)
Websitewww.akulaku.com

Akulaku is a Southeast Asian fintech unicorn that provides consumer credit, digital banking, wealth management, and insurance brokerage services.[1][2]

History

Akulaku was officially founded in 2016 by William Li and Gordon Hu.[3][4] 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.[5] In 2016, the company pivoted into a fintech company.[6]

In 2019, Akulaku acquired an Indonesian bank called PT Bank Yudha Bhakti Tbk (BBYB) and later renamed it PT Bank Neo Commerce Tbk (BNC).[7]

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.
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