Partners for Growth seals debut Indonesia venture debt deal
US venture debt provider Partners for Growth (PFC) has completed its first deal in Indonesia – and one of its largest in Asia Pacific – by extending a $20 million credit line to digital credit start-up Kredivo.
The credit line, which can be drawn down on-demand, will be used to support the expansion of the company’s loan book. It will also bring diversification to funding streams that are predominantly domestically...
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