FinAccel Appoints Slack’s Former CFO Allen Shim To Its Board Ahead Of IPO Plans

FinAccel, the parent company of Indonesian Buy Now, Pay Later (BNPL) platform Kredivo, announced that Allen Shim has joined its Board of Directors.

Allen was the senior finance leader for Slack since it was an early-stage startup and most recently served as its CFO for three years.

In those roles, he was instrumental in building the finance and operational function from scratch, led the direct listing of the company on the NYSE and oversaw the acquisition of Slack by Salesforce.com.

Allen’s experience will be beneficial to FinAccel as the firm revives plans for an initial public offering (IPO) in the next 12 to 24 months.

FinAccel was forced to scrap its plans to merge with with a special purpose acquisition company (SPAC) in a bid to be publicly-listed in the United States, citing unfavourable market conditions.

Akshay Garg

“Allen was one of the earliest employees at Slack and led the Direct Listing process of the company on the NYSE as its CFO.

He possesses a wide breadth of expertise across business and finance topics relevant for any high growth tech company and belongs to that rare breed of individuals that has scaled a company from inception to going public.”

said Akshay Garg, Group CEO and Board Chairman of FinAccel.

Allen Shim

“Kredivo is the market-leading retail credit platform in Indonesia, and with the upcoming launch of its neo-bank Krom, the company is charting a path as one of the most impactful startups in Southeast Asia.

I’m thrilled to be joining Akshay and the rest of FinAccel’s Board to support the company’s growth,”