• FOUNDING YEAR: 2016
    LOCATION:
    Philippines
    REGION:
    Last Update:
    11 Jul, 2019
    Global presence:
    Philippines

Description

FOCUS

PRODUCTS & SERVICES:
AsiaKredit offers a digital lending platform that provides access to short-term loans. It provides an end-to-end loan disbursement process that includes origination (develops digital marketing strategies for customer acquisition), credit underwriting (leverages digital footprint, predictive analytics, and machine learning to automate the credit underwriting process), fulfillment & servicing (funds disbursement/repayment through e-wallets linked to numerous locations) and collection (human-to-bot substitution, predictive dialing, strategy funneling and behavioral scorecards).
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Business
EXISTING PARTNERSHIPS:
Tokopedia,Lazada, Matahari Mall, Doku, Hacktiva, Jurnal, Dekoruma, SBI group, J Trust

PEOPLE

FOUNDERS:
Mike Singh, Adrian Chng, Greg Krasnov
INVESTORS:
SIG, Fintonia Group, Forum, Reliance Indonesia Group, Space Ventures
KEY EMPLOYEES:
Mike Singh (CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$2.5 Millions
DATE OF LAST FUNDING:
Jun 2018
TOTAL FUNDING COMMENT:
The company will use its funds to enhance its proprietary technology platform and underwriting & collections infrastructure as well as develop new products. (Jun. 2018)
SEED & PRIOR FUNDING:
$2.5 Millions
SEED CLOSED ON:
Jun 2018
LISTED:
NO

LATEST RESEARCH