Updated September 28, 2026 · BorrowCue Editorial Team
Kredivo vs Sezzle
Where Kredivo and Sezzle differ
| Compare |  Kredivo |  Sezzle |
|---|---|---|
| APR | 0% to 41.51%Lower | 45% |
| Loan amount | IDR 1,000,000 to IDR 50,000,000 | from $20 |
| Term | 1 to 24 monthsHigher | 1.5 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 | $0 to $7.49 finance charge (service fee) charged at loan origination |
| Credit check | Hard | Soft prequal |
| Funding time | Application in 5 minutes, account decision within 1x24 hours | Immediate: Sezzle pays the merchant in full for the order as soon as the order is placed |
| Representative example | IDR 4,000,000 over 12 months at 1.99% per month: IDR 412,950 per month, IDR 4,955,400 total | Pay in 4: $300 loan, $75 down payment today, then 3 payments of $75 every two weeks at 45.0% APR, total payments $307.49 including a $7.49 service fee |
| Eligibility | Indonesian citizens aged 18 to 60, domiciled in Indonesia, minimum monthly income IDR 3,000,000 | 18 years or older, US or Canadian resident with a mobile number that receives texts, verifiable email and a non-prepaid debit or credit card |
| Loan types | BNPL, Personal, Credit lineCovers more | BNPL, Personal |
| Origination fee (%) | 0% | Not confirmed |
Same on both: Rate type (Fixed), Lender type (Direct lender).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Kredivo scores higher overall: 9.3 vs 8.7.
- Sezzle is available in 1 more country.
- APR is lower at Kredivo: 0% to 41.51% vs 45%.
- Term is higher at Kredivo: 1 to 24 months vs 1.5 months.
- Support channels: only Kredivo offers Chat.
- Loan types: only Kredivo offers Credit line.
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.
Sezzle
Sezzle turns a shop into a down payment at checkout and the rest in short instalments, which suits shoppers spreading a modest basket over weeks. The trade-off is the 45% APR plus a service fee at order placement, so it works for smaller orders rather than large ones.
Score breakdown
| Area | Kredivo | Sezzle |
|---|---|---|
| Cost | 9.7HigherArrangement fee is 0% on the installment plans, and the rate type is fixed, so instalment costs do not drift. | 8.2APR of 45% plus a service fee at origination sits above cheaper rivals, and the plan clears in 1.5. |
| Offer | 8.7Higher | 8.5A soft prequal check, a fixed rate, and the merchant paid in full the moment the order is placed. |
| Trust | 9.2 | 9.2 |
How they place
| Ranking | Kredivo | Sezzle |
|---|---|---|
| Personal loans | 84 of 1932 | 128 of 1932 |
| Buy now, pay later | 4 of 88 | 5 of 88 |
Where each is licensed and available
| Country | Kredivo | Sezzle |
|---|---|---|
| Indonesia | Not confirmed | |
| United States | Not confirmed | CA Department of Financial Protection and Innovation 60DB0-104155 CT Department of Banking SLC-1950862 ID Department of Finance RRL-10465 IA Division of Banking 88893690 KS Office of the State Bank Commissioner SL 0027045 OH Department of Commerce SL 400383000 RI Department of Business Regulation 20224428LL SD Division of Banking 1950862MYL WY Division of Banking CL 4854 |
Additional countries for Kredivo: 1. Additional countries for Sezzle: 2.
A third option
FINANZCHECK.de has apr at -0.4% to 19.9%, against 0% to 41.51% for Kredivo and 45% for Sezzle.
FINANZCHECK.de reviewEvery fact side by side
| Fact | Kredivo | Sezzle |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Same day funding, Credit line | Not confirmed |
| Legal entity | PT Kredivo Finance Indonesia | Sezzle Inc. |
| Headquarters | Indonesia | United States |
| Support channels | Phone, Email, Chat, Help centreCovers more | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Kredivo | Sezzle | Median |
|---|---|---|---|
| APR | 0% to 41.51%lowest quarter | 45%highest quarter | 8.99 |
| Term | 1 to 24 monthslowest quarter | 1.5 monthslowest quarter | 60 |
| Origination fee (%) | 0%below the median | Not confirmed | 0.25% |
Median across 1005 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
Sezzle
Pros
- The merchant is paid in full as soon as the order is placed, so nothing is held back while you clear instalments.
- Checking is a soft prequal search, a lighter touch on your file than a full credit application.
- Support runs on email, phone and help centre, with both phone and email listed.
Cons
- The 45% APR is steep, while buy now pay later listings on this site sit at 2.1%.
- Support runs on email, phone and help centre only, with live chat absent from the listed channels.
- Eligibility asks for a minimum age, a US or Canadian residence, a mobile number that receives texts, a verifiable email and a non-prepaid card, which narrows who can apply.
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
Sezzle
Who it suits
- Shoppers splitting a modest basket who prefer to keep the whole order off a card.
- People who need the order funded straight away, since the merchant is paid in full as soon as the order is placed.
- US or Canadian residents with a verifiable email and a non-prepaid card who meet the minimum age.
Who should look elsewhere
- Shoppers after a cheaper personal loan: Monzo Flex lists 10% to 23% against 45% at Sezzle.
- Borrowers who want a longer repayment window, since the 1.5 schedule finishes far sooner than a personal loan term.
- Anyone wanting an interest-free alternative: Cashspace ES lists 0%.
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
Sezzle
Current offer
Bonus
Sezzle giveaways: over $150K in prizes given away, win $2,000 in Sezzle Spend
entries made in the Sezzle app; eligibility criteria apply
Source, checked September 26, 2026
Country by country
| Country | Kredivo | Sezzle |
|---|---|---|
| Canada | No | Yes |
| Indonesia | Yes | No |
| United States | No | Yes |
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.
Sezzle
What does a Sezzle plan cost?+
A service fee is charged when the plan is created, on top of the 45% APR. The worked example pairs a down payment at checkout with the balance repaid in equal instalments, and the service fee is added to the total. Budget for the instalments and the fee together.
How does that APR compare with other lenders here?+
Sezzle charges 45% APR on fixed terms. Personal loan listings on this site sit at 12%, so a short instalment plan here costs well above a typical personal loan rate. The rate is fixed, so the instalment amount holds for the life of the plan.
Other options to compare
Other matchups
- Kredivo vs Tamara
- Kredivo vs ACLEDA Bank
- Kredivo vs Addi
- Kredivo vs Cofidis FR
- Kredivo vs Deema
- Kredivo vs KiwiCredito
- Kredivo vs Oney Préstamos ES
- Kredivo vs Plazo ES
- Kredivo vs Vivus
- Kredivo vs Multitude Bank p.l.c
- Kredivo vs Qonto ES
- Kredivo vs Cashspace
- Kredivo vs Solcredito
- Kredivo vs Solcredito MX
- Kredivo vs Lendela
- Kredivo vs BriteCap Financial
- Kredivo vs Moneyveo UA
- Kredivo vs TF Bank
- Kredivo vs Upgrade
- Kredivo vs KOHO
- Kredivo vs Moneyveo VN