Tech Company Financing Transactions
Jenfi Funding Round
Headline and Monk's Hill Ventures participated in a $6.6 million Series B funding round for Jenfi. The funding round was announced on 5/16/2023.
Transaction Overview
Company Name
Announced On
5/16/2023
Transaction Type
Venture Equity
Amount
$6,600,000
Round
Series B
Investors
Headline (Lead Investor)
Proceeds Purpose
The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand. It also will enable Jenfi to refine its credit underwriting and risk assessment capabilities, including its proprietary risk assessment engine.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
32 Pekin St #05-01
Singapore, 048762
SG
Singapore, 048762
SG
Phone
Undisclosed
Website
Email Address
Overview
Founded by Jeffrey Liu and Justin Louie, Jenfi is an alternative revenue-based financing company for digital-native businesses and startups for Southeast Asia. Branded as Growth Capital as a Service (GCaaS), the asset class offers non-dilutive capital of up to US$500,000 for businesses to scale through marketing, inventory, and growth campaigns.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeffrey Liu
Chief Technical Officer
Justin Louie
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