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Jenfi Pte. Ltd.

From EverybodyWiki Bios & Wiki


Jenfi Pte. Ltd.
Privately held company
ISIN🆔
IndustryFinancial technology
Founded 📆May 2019
Founders 👔Jeffrey Liu
Justin Louie
Headquarters 🏙️, ,
Singapore
Area served 🗺️
Southeast Asia
Key people
Jeffrey Liu (CEO)
Justin Louie (CTO)
Products 📟 Financial services
Members
Number of employees
🌐 Websitejenfi.com
📇 Address
📞 telephone

Jenfi is a fintech company based in Singapore.[1] Jenfi is known for launching a revenue-based online financing platform, which provides funding directly to small businesses in non-dilutive financing and revenue-share arrangements.[2][3]

Formation and business model

In May 2019, Jenfi was launched by entrepreneur Jeffrey Liu and Justin Louie with a goal to fund small businesses based on revenue-share arrangements.[4][5] Primarily, Jenfi focuses on small businesses in Singapore and other East Asian countries.[6] [7]

Jenfi officially launched its offering to the public in October 2019, introducing a flexible repayment model that enables small and medium-sized enterprises to repay via a portion of their revenues.[8] The company primarily funds marketing and growth expenses.[9]

Jenfi has secured $1.2 million to date and is backed by Y Combinator.[10][11]

References

  1. ↑ "Jenfi wants to solve small business lending in Southeast Asia". TechCrunch. Retrieved 26 June 2020.
  2. ↑ "How unique lending platforms boost small businesses in Southeast Asia". news.nestia.com. Retrieved 23 July 2020.
  3. ↑ Garay, Louise. "Startup Firm Jenfi To Enter Southeast Asian Market". w7news.com. Retrieved 23 July 2020.
  4. ↑ "Jeffrey Liu- Co-Founder And CEO Of Jenfi". AsiaTechDaily - Asia's Leading Tech and Startup Media Platform. 24 April 2020. Retrieved 26 June 2020.
  5. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 23 July 2020.
  6. ↑ "Jenfi Has an Innovative Lending Model For SMBs in SE Asia - DailyAlts -". DailyAlts. 4 February 2020. Retrieved 26 June 2020.
  7. ↑ "Jenfi wants to solve small business lending in Southeast Asia". sg.finance.yahoo.com. Retrieved 23 July 2020.
  8. ↑ Evans, Jeff (3 February 2020). "Jenfi wants to solve loans for small businesses in Southeast Asia". Calvindude - Get Amazing Thing Every Day. Retrieved 23 July 2020.
  9. ↑ "Jenfi quiere resolver los préstamos para pequeñas empresas en el sudeste asiático". La Neta Neta (in español). Retrieved 23 July 2020.
  10. ↑ "List of Jenfi's 3 Funding Rounds totaling $1.2M". crunchbase.com. Retrieved 23 July 2020.
  11. ↑ "Jenfi Funding - AngelList". angel.co. Retrieved 26 June 2020.


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