The e-commerce credit provider closed a $90m round co-led by the Naver-backed Asia Growth Fund that included Telkomsel Indonesia and Singtel, at a $500m valuation.

Asia Growth Fund, an investment entity formed by internet group Naver and financial services provider Mirae Asset, co-led a $90m series C round for Singapore-based consumer credit provider FinAccel yesterday. The round was co-led by venture capital fund Square Peg Capital and also featured telecoms firms Telkomsel Indonesia and Singapore Telecommunications, the latter through Singtel…

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