Updated October 14, 2026 · BorrowCue Editorial Team
Kredivo vs Multitude
Kredivo vs Multitude: the differences
| Compare |  Kredivo |  Multitude |
|---|---|---|
| APR | 0% to 41.51%Lower | 30.31% to 57.26% |
| Loan amount | IDR 1,000,000 to IDR 50,000,000 | SEK 10,000 to SEK 50,000 |
| Term | 1 to 24 monthsHigher | 12 months |
| Arrangement fee | 0 for 1-month and 3/6/9/12/18/24-month installment tenors; 6% of the loan on KrediFazz cash loans | 565 SEK |
| Funding time | Application in 5 minutes, account decision within 1x24 hours | Within one bank day of approval |
| Representative example | IDR 4,000,000 over 12 months at 1.99% per month: IDR 412,950 per month, IDR 4,955,400 total | Ferratum Credit: 23 000 SEK over 12 monthly instalments, effective rate 37.68%, total to repay 27 013,83 SEK, setup fee 565 SEK and account fee 59 SEK per month |
| Rate type | Fixed | Variable |
| Eligibility | Indonesian citizens aged 18 to 60, domiciled in Indonesia, minimum monthly income IDR 3,000,000 | Swedish personal identity number and a Swedish bank account, with income and expenses declared in the online application |
| Loan types | BNPL, Personal, Credit lineCovers more | Credit line, Personal |
| Origination fee (%) | 0% | Not confirmed |
| Use cases | Not confirmed | Home improvement |
Same on both: Credit check (Hard), Lender type (Direct lender).
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Key differences
- Kredivo scores higher overall: 9.3 vs 8.8.
- Multitude is available in 12 more countries.
- APR is lower at Kredivo: 0% to 41.51% vs 30.31% to 57.26%.
- Term is higher at Kredivo: 1 to 24 months vs 12 months.
- Support channels: only Kredivo offers Phone, Email.
- Loan types: only Kredivo offers BNPL.
Our verdict on each
Kredivo
Kredivo suits Indonesian adults who want small, fixed-rate instalments or a credit line they can draw on. It lends directly, with a 0% arrangement fee on its installment plans, and decisions come back fast enough to hold the money for same-day spending.
Multitude
Multitude is a listed European fintech group whose homepage describes consumer banking through Ferratum, SME banking through CapitalBox and wholesale banking through Multitude Bank. The parent site is not itself a single retail loan offer. Country and product terms need to be checked with the relevant operating business.
Score breakdown
| Area | Kredivo | Multitude |
|---|---|---|
| Cost | 9.7HigherArrangement fee is 0% on the installment plans, and the rate type is fixed, so instalment costs do not drift. | 8.3 |
| Offer | 8.7 | 9.0Higher |
| Trust | 9.2Higher | 9.1 |
Side by side, item by item
| Loan types | Kredivo | Multitude |
|---|---|---|
| Personal | Yes | Yes |
| Credit line | Yes | Yes |
| BNPL | Yes | No |
Ranges side by side
| Fact | Kredivo | Multitude |
|---|---|---|
| APR | 0% to 41.51% | 30.31% to 57.26% |
If neither fits
FINANZCHECK.de has apr at -0.4% to 19.9%, against 0% to 41.51% for Kredivo and 30.31% to 57.26% for Multitude.
FINANZCHECK.de reviewHow they place
| Ranking | Kredivo | Multitude |
|---|---|---|
| Personal loans | 84 of 1920 | 30 of 1920 |
| Lines of credit | 12 of 328 | 5 of 328 |
Every fact side by side
| Fact | Kredivo | Multitude |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Same day funding, Credit line | Credit line, Same day funding |
| Legal entity | PT Kredivo Finance Indonesia | Multitude Bank p.l.c. |
| Headquarters | Indonesia | Malta |
| Founded | Not confirmed | 2005 |
| Support channels | Phone, Email, Chat, Help centreCovers more | Chat, Help centre |
Where each stands against the rest
| Fact | Kredivo | Multitude | Median |
|---|---|---|---|
| APR | 0% to 41.51%lowest quarter | 30.31% to 57.26%highest quarter | 8.99 |
| Term | 1 to 24 monthslowest quarter | 12 monthslowest quarter | 60 |
| Origination fee (%) | 0%below the median | Not confirmed | 0.25% |
Median across 1144 listed lenders.
Pros and cons
Kredivo
Pros
- No arrangement fee on installment plans, at 0%
- Fixed rates at fixed, so monthly payments do not drift
- Repayment terms run 1 to 24, so short and long plans both work
Cons
- Applications use a hard credit check (hard)
- APR runs as high as 0% to 41.51% at the top of the range
- KrediFazz cash loans add an arrangement fee on top of interest, unlike the installment plans
Multitude
Pros
- The site distinguishes three business units and provides separate contact routes.
- The parent company positions itself as a digital financial services group.
Cons
- The captured material does not describe specific consumer credit terms or country level eligibility.
- Licensing and product terms for one subsidiary cannot be inferred from the parent overview.
Who each suits
Kredivo
Who it suits
- Adults in Indonesia with a steady monthly income who can meet the eligibility rules
- Shoppers splitting purchases into instalments through the app
- Borrowers who want an app-drawn credit line as well as a one-off loan
Who should look elsewhere
- Anyone outside Indonesia, since eligibility is limited to Indonesian citizens domiciled there
- Monzo Flex, for borrowers who prefer a lower-rate personal loan over an instalment app
- Cashspace, for anyone wanting a single credit decision against a stated APR range
Multitude
Who it suits
- People trying to identify which Multitude business unit offers a particular service.
Who should look elsewhere
- Borrowers seeking a direct rate or loan comparison from the group homepage.
Current offers
Kredivo
Current offer
Discount code
Triple 0: 0% installments for 12 months on iPhone 15, iPhone 16 and Macbook, plus 2 months free: 0% installment interest, 0% admin fee, 0% down payment, 2 months free; 6% admin fee per transaction on the 2-months-free part
Stated promo period runs until December 2025; valid at Erafone, iBox, Digimap, Digiplus, Blibli Store and Hello; one voucher per user; min. transaction IDR 500,000; late payment adds 2 installments plus interest and late fees
Source, checked September 26, 2026
Country by country
| Country | Kredivo | Multitude |
|---|---|---|
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Czechia | No | Yes |
| Denmark | No | Yes |
| Estonia | No | Yes |
| Finland | No | Yes |
| Germany | No | Yes |
| Indonesia | Yes | No |
8 of 14 countries where either is available.
Questions about each
Kredivo
What does Kredivo cost to borrow?+
The arrangement fee on the installment plans is 0%, and interest is charged at 0% to 41.51% on a fixed rate, so the monthly payment holds steady across the term. KrediFazz cash loans charge an arrangement fee on top of that interest.
How long can I borrow for?+
Terms run 1 to 24, so a plan can be as short as a single month or stretch across a longer repayment period. The longer the term, the more you pay in interest overall, so the shortest workable term costs least in total.
Multitude
Which businesses does Multitude list?+
The parent site lists Ferratum for consumer banking, CapitalBox for SME banking and Multitude Bank for wholesale banking.
Does this page give consumer loan rates?+
No. The captured parent pages do not provide product specific rates or repayment terms.
Other options to compare
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