Deal Details

The Company is a leading financial services provider in Singapore and the Philippines focusing on SME services, lending and financial inclusion. They are a regulated major payments institution, finance corporation, licensed remittance provider, and rural bank providing financial services with market-leading technology solutions.

They provide secured and unsecured loans, wallets, business software, and other financial services to businesses and individuals who normally can’t access the traditional banking system.

headquartered in Singapore with 5 operating branches in the Philippines: 1 in Metro-Manila, 3 in Pampanga, and 1 in Cebu. Here are some of the key highlights to look at-

Firm has a Policy of “Business Risk” and “Investment Risk” Mitigation –through business diversification, low CAC, prudent fiscal management, strict management of NPL’s

• Profitable every year (4 years -since commencement in 2016)
• Income growth of over 150% per year (for 3 years in a row)
• Loan Portfolio growth of over 150% per year (for 3 years in a row)
• Current Loan Portfolio size –SGD $10.9M; growing to SGD $20.9M for FY2021
• Net Revenue Growth Forecasts: +112% for FY2021 (due to large Loan Pipeline), and conservative 50% per year growth from FY2022 forwards
• Conservative Growth –maintaining profitability throughout, not burning cash

Regulated by Philippine’s authorities as a “Finance Corporation” and “Rural Bank” –fully licensed for all financing activities