Jakarta, Indonesia, Dec 16, 2021 / PRNewswire / – Kredivo, Indonesia leading “buy now, pay later” platform, continues to expand its retail reach. This time around, Kredivo signed a strategic partnership with IKEA, a global retail company Sweden who sells high quality home furniture. This partnership enables customers to buy IKEA products with Kredivo as a payment method on the IKEA Indonesia website as well as in offline shops and pay within 30 days or 3 months with 0% interest or 6- and 12-month installments with just to take 2.6% interest per month.
Lily Suriani – General Manager of Kredivo Indonesia said: “We are very excited to be working with IKEA, one of the world’s leading consumer brands. This partnership is an endorsement of Kredivo’s leadership in BNPL (buy now, pay later) and represents our strong commitment to providing our customers with a shopping experience at the best retailers in the country. “
In the meantime, Dyah Fitrisally – Country Marketing Manager of IKEA Indonesia added: “Our vision is to enable many people to have a better everyday life. One of the concrete steps to realizing our vision is to expand accessibility, including providing loan payment methods that make it easier for customers to pay for their purchases. ”Through this partnership, Kredivo customers can use a Paylater or installment option access the well-designed and functional furnishings from IKEA quickly, easily and inexpensively. “
The increasing number of people renovating their homes to allow indoor activities such as working or studying at home has resulted in increased demand for furniture and home furnishings. This growth is further reinforced by the reallocation of household expenditure to the furniture category and the change in behavior towards online shopping in e-commerce.
Kredivo is the leading digital lending platform in Indonesia that provides customers with instant credit financing for e-commerce and offline purchases, as well as personal loans based on real-time decisions. Kredivo users can buy now and pay later at one of the lowest interest rates among digital loan providers in the country. Kredivo’s merchant partners benefit from instant point-of-sale financing supported by its unique 2-click checkout. Kredivo is operated by FinAccel, a. operated Singapore-A headquartered financial technology company whose mission is to make financial services fast, affordable, and accessible. FinAccel is supported by leading investors such as Mirae Asset, Naver, Square Peg Capital, Telkom Indonesia and Jungle Ventures, among others. Kredivo is overseen by OJK’s multifinance division Indonesia. To find out more about FinAccel and Kredivo, visit www.finaccel.co and www.kredivo.com.
About IKEA Indonesia
IKEA’s vision is to enable many people to have a better everyday life by offering a range of functional, well-designed home textiles at affordable prices so that more people can afford them.
IKEA was founded by Ingvar Kamprad in Småland, south Sweden 1943 when he was 17 years old. The company name is an abbreviation of his initials, IK, E stands for Elmtaryd, the name of the farm he grew up on, and A stands for Agunnaryd, where the farm is located.
The IKEA concept is based on a thorough knowledge of the needs and functions of home life by combining the experience of material use and production techniques. IKEA has 75 years of experience in the development and presentation of the IKEA product range.
The IKEA store presents a selection of well-designed, functional and manufactured furnishings through research and development, strict quality controls and long-term sustainability.
IKEA products are simple in design, multifunctional and have many “unseen” advantages. IKEA products are flat-packed, which enables a “do-it-yourself” concept and lower prices for products from designers.
The IKEA store in Indonesia operates under the exclusive franchise rights granted to PT Rumah Mebel Nusantara. The first IKEA store in Indonesia opened in Alam Sutera on October 15, 2014, the second store is in Sentul City and was opened on. opened November 28, 2019, the third IKEA store is in Kota Baru Parahyangan and was opened on. opened March 28, 2021, and the fourth store is in Jakarta Garden City, which opens on September 16, 2021. In addition to the branches mentioned above, IKEA has a customer meeting point in. opened Bali.