Kush Srivastava (Skor Technologies)
Overview
Kush Srivastava is a fintech entrepreneur and co-founder of Skor Technologies, a company focused on providing credit scoring and financial literacy solutions in Indonesia. With a rich background in technology and finance, Srivastava has been instrumental in the development of Skorlife, a platform aimed at increasing financial literacy and access to credit among Indonesians. Before this venture, he co-founded Card91, a B2B fintech startup, reflecting his extensive experience in the fintech industry.
Recent Developments
- January 2025: Skor Technologies raised $6.2 million in a pre-Series A funding round led by Argor Capital, with participation from existing investors such as QED Investors and Saison Capital. This funding aims to scale Skor Technologies' credit and financial literacy platform, Skorlife, and its digital-first credit card, Skorcard.
- March 2024: Launched Skorcard in partnership with Bank Mayapada International, targeting low credit card penetration in Indonesia by providing a digital-first credit card solution.
- May 2023: Completed a $4 million seed funding round led by Hummingbird Ventures with participation from AC Ventures and Saison Capital. This funding was strategically aimed at enhancing the Skorlife platform's functionalities.
- September 2022: Skor Technologies initiated its operations with a focus on addressing financial literacy and compliance landscape challenges in Indonesia's growing digital economy.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Kush Srivastava |
| Born | NA |
| Nationality | Indian |
| Occupation | Entrepreneur, Co-founder of Skor Technologies |
| Known For | Co-founding Skor Technologies and Card91 |
| Education | Indian Institute of Technology, Delhi |
Early Life and Education
Kush Srivastava completed his B.Tech. in Chemical Engineering from the Indian Institute of Technology, Delhi. His academic background laid a strong foundation for his subsequent career in technology and entrepreneurship. Detailed information about his early life is scarce, but his education at one of India’s premier institutes underscores a deep-rooted expertise in technical and analytical skills which have been pivotal in his career trajectory.
Career and Notable Achievements
Srivastava began his career with a notable tenure at mChek, a pioneer in mobile payments, where he was instrumental in developing technology solutions. He went on to co-found Card91, a fintech startup focused on digitizing banking processes. Key Achievements:
- Co-founded Skor Technologies, which has become a critical player in enhancing financial literacy through platforms like Skorlife.
- Played a pivotal role in raising substantial venture capital, indicating confidence from leading investors like Argor Capital.
- Successfully launched Skorcard, a digital-first credit card in partnership with Bank Mayapada.
Current Work and Impact
Currently, Srivastava is focused on expanding Skor Technologies’ market presence and enhancing its product capabilities in Indonesia. Under his leadership, Skor Technologies aims to address the low credit card penetration in Indonesia by leveraging digital solutions. His work is contributing significantly to increasing financial literacy and providing fair credit access in emerging markets, thereby positioning Skor Technologies as a potential leader in Indonesia's fintech space.
SKOR TECHNOLOGY Private Limited
Skor Technology Private Limited, registered in Bangalore, is identified as focusing on fintech solutions that integrate credit scoring with consumer education. Under the leadership of Kush Srivastava and his team, the company is navigating a complex regulatory landscape to build robust financial products tailored for the Indonesian market.
SkorLife Funding
Skorlife, a venture of Skor Technologies, focuses on enhancing consumer credit education and access to better financial products in Indonesia. The venture successfully attracted $4M in seed funding, leveraging investments from firms like Argor Capital. The capital is being used to augment Skorlife's tech infrastructure and outreach programs.
Ac Ventures
AC Ventures, an early investor in Skor Technologies, is a prominent venture capital firm that focuses on South East Asia's digital economy. Partnering with Skor Technologies has allowed AC Ventures to reinforce its investment strategy aimed at fostering young companies that are driving change through financial technology.
Conclusion
Kush Srivastava is a pivotal figure in the fintech ecosystem of Indonesia, demonstrating an adept ability to integrate technology with financial services to address significant market gaps. His initiatives with Skor Technologies are set to empower Indonesian consumers with better financial literacy tools and credit access, aligning with the broader goal of economic empowerment in the region. As Skor Technologies continues to grow, Srivastava's innovative approach is likely to have a lasting impact on the fintech landscape in Southeast Asia.