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Helicap Pte Ltd secured a Series B funding round led by Kenanga Investment Bank Bhd, acquiring an 8% stake, to enhance its digitalisation initiatives.

Sep 02, 2024over 1 year ago

Round Type

series b

SingaporeBankingLendingFinanceFinancial Services

Investors

Saison Capital Pte LtdKenanga Investment Bank Bhd

Description

Kenanga Investment Bank Bhd has partnered with Helicap Pte Ltd to boost digitalisation efforts. As part of its Series B funding round, Kenanga group is set to increase its stake to 10%, becoming the largest institutional investor in Helicap.

Company Information

Company

Helicap

Location

Singapore, Southeast Asia, Singapore

About

Helicap is one of the first fintech fund management investment platforms specialising in the alternative lending space in Southeast Asia, Hong Kong, and Australia. As agnostic investors, we promote the industry's best practices through our expertise. Over the last few years, we have raised more than US$30 million in paid-up capital and deployed US$300 million worth of capital with our in-house data analytics expertise. By leveraging this advanced data-processing capability, we have built exclusive networks with hundreds of platform partners, who have access to 200 million potential borrowers in the region. Through our platform, we enable them to transform the way corporates and consumers access credit.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers