Akulaku | |
Industry: | Financial Technology |
Founded: | in Singapore |
Founder: | Willian Li and Gordon Hu |
Hq Location City: | Jakarta |
Hq Location Country: | Indonesia |
Area Served: | Southeast Asia |
Products: | Consumer credit, digital banking, wealth management, and insurance brokerage |
Owner: | Sungai Budi Group |
Akulaku is an Indonesian fintech company that provides consumer credit, digital banking, wealth management, and insurance brokerage services in South East Asia.[1] [2] The company has operations in Indonesia, the Philippines, Thailand, and Malaysia.
Akulaku was officially founded in 2016 by William Li and Gordon Hu.[3] [4] Before it became Akulaku, the company began in 2014 by providing cross-border remittance services for domestic workers in Hong Kong as Silvrr before branching out to operate its online credit and e-commerce platform in Indonesia and the Philippines.[5] In 2016, the company pivoted into a fintech company.[6]
In 2019, Akulaku acquired an Indonesian bank called PT Bank Yudha Bhakti Tbk (BBYB) and later renamed it PT Bank Neo Commerce Tbk (BNC).[7]