While the FinAccel buy now pay later app servicemis part of a larger group, there is no doubt that the extended reach has helped push the BNPL service into the public domain. Obviously, the buy now pay later market is also very important but the company has developed a number of financial platforms to disrupt traditional retail credit and offer more competitive services. The ability to capture and consider client details in an instant, contributing to seamless purchases, has not gone unnoticed. Even though it is difficult for some smaller self-funded companies to keep up with the latest in cutting-edge technology, there’s no doubt that FinAccel is more than holding its own in a competitive market. Based in Indonesia, an area of the world where digital payment acceptance is relatively high, the future looks interesting to say the least!
Company name: FinAccel
Website: http://www.finaccel.co/
Target market: Merchants
Founded: 2015
Founders: Akshay Garg, Alie Tan, Umang Rustagi
Funds raised: $120m
Location: Jakarta, Jakarta Raya, Indonesia
Type of company: Private
Status: Active
Contact email: hello@finaccel.co