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Cooley has advised Indonesian buy now, pay later platform Kredivo on its parent company FinAccel’s planned $430 million NASDAQ listing via merger with VPC Impact Acquisition, which was represented by White & Case.

According to Reuters, FinAccel now has an equity value of $2.5 billion following this merger.

Kredivo, the largest such platform in Indonesia, provides customers instant credit financing for e-commerce and offline purchases, as well as personal loans, based on AI-enabled real-time decisioning, Reuters added.

The Cooley team was led by partners Ferish Patel, Matthew Bartus and Will Cai.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

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