FinAccel, a Singapore-based fintech company operating in Indonesia under the Kredivo brand, has raised USD90 million in a Series C funding round led by Asia-focused venture capital fund manager Square Peg and Mirae Asset-Naver Asia Growth Fund, an investment vehicle established by global asset manager Mirae Asset Global Investments and Korea-based internet group Naver. Additional investors in the round include Singtel Innov8, Telkomsel Indonesia, Cathay Innovation, Kejora Intervest, Reinventure, and DST Partners, as well as Mirae Asset Financial Group subsidiary Mirae Asset Securities. FinAccel’s Kredivo service offers users on-demand credit financing for online purchases and personal loans. The company will use the new capital to accelerate its growth in Asia, expand its team, and widen its offering of financial services.