Kapital Boost

crowdfunding platformscrowdfunding

FOUNDING YEAR: 2015
LOCATION: Singapore
Last Update: 09/07/2020

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About

Kapital Boost offers a P2P platform for SMEs looking to raise funding via asset-purchase or invoice financing. We utilise Islamic financing structures to provide ethical investments to our members.

MEDICI Analysis

Kapital Boost is hybrid Crowdfunding platform levels the playing field by providing liquidity for goods and capital purchases for SMEs.

Focus

PRODUCTS & SERVICES

P2P crowdfunding platfor. For SMEs looking to raise asset-purchase or invoice financing.

REVENUE MODEL

We take a 3-5% admin fee from the total amount of funding raised via our crowdfunding platform.

EXISTING PARTNERSHIPS

Tangan di Atas

Club Ethics

Fiendly Score

myHarapan

PRIMARY PROBLEM SOLVED

Lack of quick financing available SMEs in Indonesia, Singapore, and Malaysia. Especially those that are less than 3 years old. Lack of attractive Islamic/ethical based investments globally.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

REVENUE

$0 - $99k in 2017

ACTIVE USERS:

8,700 Million in 2017

ACTIVE USERS COMMENT:

Our registered users are from over 20 countries.

People

FOUNDERS

Erly Witoyo

BOARD MEMBERS AND ADVISORS

James Tan

NUMBER OF EMPLOYEES

11-50

COMMENT:

We have a strong background in finance,entepreneurship (both over 20 years). Our team focuses on continuous improvement,innovation. We don't settle for second best.

Momentum

FUNDED

NO

LISTED

NO

EXIT STRATEGY

Share sale by an Islamic financial institution. Most are behind in terms of innovating products and processes, and have shown a lot of interest in partnering with fintech startups. IPO - within 5 years if a share sale does not occur.

For Investors

FUNDING NEEDED:

$385 K

USES OF FUNDS RAISED:

1. Hiring more employees. With focus in marketing, software development, and risk analysis (including data scientist)

2. Marketing, which we haven't really spent much on

3. Continuous development of technology

EXIT STRATEGY

Share sale to an Islamic financial institution. Most Islamic FIs are behind in terms of innovating products and processes, and have shown a lot of interest in partnering with fintech startups. IPO - within 5 years if a share sale does not occur.

MONTHS LEFT WITH CURRENT CASH BURN RATE:

70 months from 30 Sep, 2017

BASICS

FOUNDING YEAR:

2015

LOCATION:

Singapore

Views:

222 VISITORS | 410 VIEWS
TOTAL EMPLOYEES
11-50

About

Kapital Boost offers a P2P platform for SMEs looking to raise funding via asset-purchase or invoice financing. We utilise Islamic financing structures to provide ethical investments to our members.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Kapital Boost is hybrid Crowdfunding platform levels the playing field by providing liquidity for goods and capital purchases for SMEs.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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Kapital Boost

About

Kapital Boost offers a P2P platform for SMEs looking to raise funding via asset-purchase or invoice financing. We utilise Islamic financing structures to provide ethical investments to our members.

Focus

PRODUCTS & SERVICES

P2P crowdfunding platform. For SMEs looking to raise funding via asset-purchase or invoice financing.

REVENUE MODEL

We take a 3-5% admin fee from the total amount of funding raised via our crowdfunding platform.

TOP PROBLEM SOLVED

Lack of quick financing available to SMEs in Indonesia, Singapore, and Malaysia. Especially those that are less than 3 years old or without assets that can be used as collaterals. Lack of attractive Islamic/ethical based investments globally.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRODUCT DEVELOPMENT COMMENT

We focus on tech development to enable operating efficiency and rapid scaling of the business. Investor-friendly structures and partnerships are utilised to lower the credit risk for investors.

KEY DIFFERENTIATORS

1. First Islamic P2P funding platform for SMEs in Southeast Asia 2. We are a regional player operating - offering projects from Indonesia, Singapore, and Malaysia. We have investors from across the world. 3. We focus on transparency in terms of information on projects offered. This allows investors to make wise and accurate investment decision.

PRIMARY CUSTOMER TYPE

Small and Medium Business - Physical Retail

Small and Medium Business - Online Retail

PRODUCT ATTRIBUTES

Other

STRATEGIC CLIENTS AND PARTNERSHIP

Singapore Malay Chamber of Commerce and Industries : SMCCI helps to market our service to their SME members

Tangan di Atas : Tangan di Atas helps to market our products to their SME members

Xfers Pte Ltd : Xfers offers an e-wallet system which we use for our platform to simplify the transfer of funds to and from investors locally

Transwap Pte Ltd : We utilise Transwap, a P2P remittance company, for the transfer of funds to and from investors globally

People

FOUNDERS

Erly Witoyo

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO, FOUNDER: Erly Witoyo

CTO: Arief Putra

TEAM COMMENT:

We have a strong background in finance,entepreneurship (both over 20 years). Our team focuses on continuous improvement,innovation. While we are small, we don't settle for second best. We put quality above quantity in every aspect of our business.

BOARD MEMBERS AND ADVISORS:

James Tan

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES