KKR and TDR Capital to invest in Jaja Finance.

Private equity firms KKR and TDR Capital agreed to invest in Jaja Finance, which provides digitally-led credit products with a focus on simplicity, functionality, service and security. Financial terms were not disclosed. "We are pleased to reach this agreement with KKR and TDR which validates the confidence we all have in our platform and our people. With the backing of the new majority shareholders, we are looking forward to our next phase of growth with our credit card launch, as well as the development of credit propositions for our customers, fuelled by our agile technology and machine learning analytics capability," David Chan, Jaja Finance CEO.