VPC Impact II (VPCB) to Combine with Kredivo in $2.5B Deal

VPC Impact Acquisition Holdings II (NASDAQ:VPCB) has entered into a definitive agreement to combine with buy-now-pay-later platform Kredivo for a $2.5 billion pro forma equity value, or 6.3x 2022E revenue. Jakarta-based Kredivo provides customers instant credit financing, including personal loans, based on AI-enabled real-time decisioning. The business combination is expected to close no later than
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