FinAccel's Series C Pitch Deck: Powering the Future of Fintech in Southeast Asia
About FinAccel
FinAccel is a front-runner fintech startup based in Indonesia, famous for its buy now, pay later (BNPL) services. Its primary product, Kredivo, integrates effortlessly with online shops, facilitating immediate purchases for users. Expanding its reach, FinAccel moved beyond online business and delved into offline transactions and personal lending spaces.
About FinAccel’s PitchDeck
In 2019, FinAccel showcased its Series C pitch deck to potential investors, outlining its profitable business model and robust financial status. The deck highlighted their massive growth driven by a hefty $90 million funding round headed by Square Peg Capital and the Asia Growth Fund. This round of financing launched FinAccel's valuation to a staggering $500 million.
The pitch deck further elaborated on FinAccel's expansion strategy, specifically aiming for new markets such as Vietnam and Thailand. It spotlighted their position as the most extensive and fastest-growing BNPL platform in Indonesia and their decisive acquisition of a share in Bank Bisnis Indonesia, a publicly listed bank. This move paved their way into the digital banking sector.
Why Investors Believed in FinAccel?
Investors were drawn by FinAccel's immense potential in the rapidly-expanding BNPL market. Their belief in the company grew as FinAccel showcased a commitment to introduce innovative and accessible financial services throughout Southeast Asia. The notable growth, significant funding, and successful strategic acquisitions, displayed in the pitch deck, further boosted investors' confidence in FinAccel's promising future in the fintech industry.