Knowledge Base - Amazing Features Of Akulaku For Tablets That Will Blow Your Mind [Part 2].

Apart from the usual SSS and PAG-IBIG loans, I also had a borrowing experience with BillEase and Akulaku, but with CIMB Bank, I should say, was a whole new experience and hence, worth sharing here. JUMPING on the bandwagon, I am now halfway into launching an ONLINE BUSINESS. I’ll share more details about it and other startup experiences here very soon. In the meantime, I’ll share how I managed securing additional capital through a CIMB Bank personal loan worth PHP30,000. Galaxy A20s features a rear fingerprint scanner that enables you to log on to supported apps and unlock your device with ease. Getting one of the most important identity documents is not very tedious after all.

Shop Spyder’s wide collection of helmets, eyewear and apparel– all designed and manufactured with pioneering technology to keep you ahead of the pack and at the top of your game. Kredivo is currently in its growth stage and with its consistent growth and good performance, Garg hopes that his company will reach profitability in 2021. He applies the same principle to Kredivo and points out the stability of his team. “If you look at what we do, we actually operate like a multi finance company anyway and that license will give us certain advantages. For example, we can tap into the capital market, Indonesia stock exchange, for a bigger capital raising,” he added.

The Sheer Scale Of Fintech

The Meural app makes it simple to do on-the-fly editing for the frame, while leaving your original image files unchanged. You can upload, crop and filter your own photos to how you want them displayed. The frame has built-in Bluetooth to connect to your smart device for all controls and settings. Meural Membership ($49.95 annual or $5.95 monthly) is sold separately from the frame, and gives you access to 40K+ works which they value at over $3B for the originals (wow!). The big question when considering buying a large format digital art frame is if it is worth the price. If you have purchased art and had it framed, you understand how expensive that can be.

  • The merchant fee revenue model works better in countries with high credit penetration,” explained Garg.
  • For the next stage of its growth trajectory, the fintech will be relying heavily on technology as it looks to overcome additional risks, like increased loan defaulters, amid the response to the ongoing pandemic.
  • StreetCorner is the company behind Akulaku Philippines which is backed by Ant Financial.
  • However, Philippine freelancers or self-employed citizens are not eligible for this loan.
  • Therefore, in the future, they hope to facilitate even more consumer spending by way of credit, allowing consumers to shop for anything from anywhere without the worry of cash flow issues.
  • Nowadays, not only are there multiple digital payment options and mobile wallets accessible to every Pinoy, but there are also several ways now to pay via credit without the need for a credit card.
  • In October 2017, the company raised a US$70 million funding round led by Fanpujinke Group, with the participation of Sequoia India, BlueSky Venture Capital, and Qimimng Venture Capital.

Shenzhen Jiejiao Electronics Co., Ltd. is the largest provider of virtual credit cards in Southeast Asia. Their product allows users to make installment based purchases. They are committed to providing virtual financing services for the majority of Southeast Asia where traditional bank credit cards are harder to come by. Within the first three months of launching in South East Asia, Akulaku Akulaku saw a transaction volume of 10 million RMB. In the year of 2017, Akulaku received over 10 million transactions exceeding a total amount of $500 million; a monthly increase of 800%. By the end of 2017, the number of registered App users exceeded 10 million and the accumulated amount of credit given was around $800 million.


AKULAKU is an app that gives you all the advantages of a virtual credit card. Without bothering with a conventional credit card, you can purchase whatever you want from the stores associated with this payment system and even get rewards. “They asked if we could assist with technical and risk control solutions. Coincidentally, we have incubated our existing risk control systems and models into service outputs, which can be released as ready-made financial technology products,” Li said. Akulaku’s next mission is to make financial services more accessible and affordable for the masses through digital banking.