Kredivo to Consider SPAC; Expecting "Go-Public" Testimony from Indonesian Tech Giants
There have been several startups announcing to go-public using the SPAC scheme
The fintech paylater company, Kredivo, is reportedly considering an option to go public on the New York stock exchange through SPAC. The company plans to partner with Victory Park Capital's unit, an investment company that also provided debt funding facilities to Kredivo worth $100 million in November 2020.
This news was first reported by DealStreetAsia. As we continue to follow up, Kredivo executives were reluctant to comment on the rumors.
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