Mizuho Bank led a $270m Series D round in Kredivo Holdings.

Mizuho Bank, a subsidiary of Mizuho Financial Group, led a $270m Series D round in Kredivo Holdings, a FinTech company, with participation from Square Peg Capital, Jungle Ventures, Naver Financial, GMO Venture Partners and Openspace Ventures. “Despite challenging market conditions, investors continue to recognize the scale and strength of our business, and our innovation potential. The upcoming expansion into digital banking is deeply synergistic with the existing Kredivo product and also opens up a very promising channel for us to become the digital financial services platform of choice for tens of millions of consumers in Southeast Asia. Finally, we are delighted to have Mizuho join us as a valuable investor and strategic partner," Akshay Garg, Kredivo CEO.