The Indonesian Buy now pay later (BNPL) market grew by an estimated 73% in 2021 and is expected to grow by 44% per year until 2028.

Kredivo is one of Indonesia’s fastest-growing BNPL payment methods, catering to both banked and unbanked consumers. It provides instant credit financing for e-commerce and in-store purchases with one of the lowest interest rates in the country.

Once registered for an account via the app, consumers pay easily with a unique 2-click checkout online.

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Availability Available with PPRO
Type Buy Now, Pay Later
Company behind LPM FinAccel
Market share details According to its latest results, Khedive has 4 m customers: 50% of Indonesia’s BNPL market
Market relevance High

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