Akulaku

Akulaku

Financial services provider for the urban working class in the SEA market. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021
Revenues600m
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DateInvestorsAmountRound
-

N/A

-

N/A

Seed

N/A

Seed
N/A

$2.0m

Seed

$5.0m

Series A

$15.0m

Series A

$30.0m

Series B
*

$70.0m

Series C
*

$100m

Valuation: $1.0b

Series D
N/A

N/A

-
*

$100m

Valuation: $1.8b

Series E
*

$10.0m

Debt
*

$200m

Valuation: $1.8b

Late VC
*

$100m

Debt
Total Funding€475m

Recent News about Akulaku

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More about Akulaku
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Akulaku is a digital financial services platform that operates in the Southeast Asian market. The company provides a range of financial products and services to its users, including digital banking solutions and a 'PayLater' service. The latter allows customers to buy now and pay later, which has been shown to increase sales data and customer shopping frequency.

The company serves a broad client base, including individual consumers, merchants, and platform partners. It has over 33 million customers and more than 90,000 merchants have successfully sold products on the Akulaku platform. Additionally, over 1,000 platform partners have utilized Akulaku's financial technology services.

Akulaku operates on a digital business model, leveraging technology to provide financial services to its users. The company generates revenue through transaction fees from its 'PayLater' service, as well as from fees charged to merchants for selling their products on the platform.

The company has reported high customer satisfaction, with 95% of users satisfied with its products and services. Furthermore, the use of Akulaku's 'PayLater' service has resulted in a 30% increase in new users, a 22% increase in user shopping frequency, and a 40% increase in order transactions.

Keywords: Digital Financial Services, Southeast Asia, PayLater, Digital Banking, Consumer Finance, Merchant Services, Platform Partners, Transaction Fees, Customer Satisfaction, Sales Increase.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.