Aaaand Skor! Indonesia’s Skor Technologies, the firm behind Skorlife and Skorcard, just raised a $6.2M Pre-Series A to serve the local consumer credit market. 

Investor check. QED Investors, Saison Capital, and Digital Currency Group joined the round!

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💳 Keeping the Skor

You may have heard of Skor through Skorlife.

Launched in 2023, the platform makes it easier for Indonesians to keep track of their credit score so they can easily open credit cards and take out loans. 

• Skorlife raised a $4M seed last September!
• It currently has over 2M downloads. 

Enter Skorcard. It’s a digital-first credit card that Skorlife launched in partnership with Bank Mayapada International last year. 

• In the Skorcard app, users can earn points and redeem rewards through missions.
• Skorcard is said to have surpassed $10M in annualized spending volume in their first year.

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💲 What’s next? 

They’ll scale their business and grow their team. 

• Oh, and their goal for 2025? To cross $100M in transaction volume.