Jenfi, a Singapore-based startup, has raised US$6.3 million in a Series A funding round led by Golden Equator Capital and Korea Investment Partners to enhance its revenue-based financing solutions for early-stage businesses.

Information on the Target

Jenfi is a Singapore-based startup that specializes in providing revenue-based financing tailored specifically for early-stage, non-profitable businesses. Recently, the company successfully raised US$6.3 million in a Series A funding round, attracting investments from prominent firms, including Golden Equator Capital and Korea Investment Partners through the GEC–KIP Fund. This funding will enable Jenfi to further develop its innovative financial solutions and expand its reach in the Southeast Asian market.

The company offers financing options of up to US$500,000 with flexible repayment plans. This model addresses the unique needs of startup founders by allowing them to secure necessary capital without having to give up significant equity in their companies, which is often a concern with traditional financing routes.

Industry Overview in Singapore

Singapore has emerged as a significant hub for startups in Southeast Asia, characterized by a vibrant ecosystem supported by government initiatives and a growing pool of venture capital. The city-state's focus on innovation and entrepreneurship has attracted