Southeast Asia's FinAccel agrees $2b SPAC merger
FinAccel, operator of Indonesia-focused consumer credit platform Kredivo, has agreed to merge with a US-listed special purpose acquisition company (SPAC) at an enterprise valuation of $2 billion.
The start-up has previously raised approximately $150 million in equity funding, most recently a $90 million Series C round – at a valuation of $500 million – in late 2019 that was led by Square Peg...
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