August 23, 2023
15 mins read

These are the Best Lending/Financing Companies and Startups in Singapore (2021)

This article showcases our top picks for the best Singapore based Lending/Financing companies. These startups and companies are taking a variety of approaches to innovating the Lending/Financing industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top Singapore Lending/Financing Companies

Data sourced from Crunchbase and SemRush.

Funding Societies

Funding Societies

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Funding Societies is an online peer-to-peer financing platform that connects SMEs with retail and institutional lenders. The platform connects investors with small businesses that need funds, providing fast and flexible funding for the growth of local SMEs, enabling clients to capitalize on businesses that often struggle to secure loans from banks and traditional providers.

It operates in Singapore, Malaysia, and Indonesia, where it is known as Modalku. Funding Societies’ backer includes Sequoia India, Softbank Ventures Asia Corp, and Samsung Venture Investment Corporation.

It was given the MAS FinTech Award in 2016, the Global SME Excellence Award at the United Nations’ ITU Telecom World in 2017, Brands for Good in 2019, recognized by IDC as amongst the 5 fastest growing FinTechs in Singapore, and the Stevie® Award in 2020. In 2015, co-founders Kelvin Teo, Iwan Kurniawan, and Reynold Wijaya headquartered Modalku in Singapore, Central Region..

Loans are made in partnership with Afirm’s originating bank partner Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC. Jeffrey Kaditz, Max Levchin, and Nathan Gettings established the San Francisco, California-based company in 2012..

Validus

Validus

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Founded in 2015, Validus is the largest SME financing platform in Singapore, focused on SME lending via funds from HNWI and institutional investors. An award-winning Fintech using data analytics and AI to avail growth financing to underserved SMEs, Validus looks to drive inclusive growth for SMEs and economies in the ASEAN region.

Backed by highly reputed VCs, Validus is also present in Indonesia, Vietnam and Thailand, partnering with Corporates to provide supply chain financing to SME ecosystems. Validus holds a Capital Markets Services Licence by the Monetary Authority of Singapore (MAS), and its Indonesian arm Batumbu has received OJK registration in April 2019.

For more information, please visit https://validus.sg.. .

ErudiFi

ErudiFi

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ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools.

By improving access to education, we believe we can drive generational transformation and build a better tomorrow.. .

Jenfi

Jenfi

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Jenfi is a financial technology company that provides revenue-based financing to rapidly growing businesses in Asia.

Credify

Credify

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Built on our award winning Credify idX secure data bridging technology, serviceX empowers enterprises across a broad range of industries, from banking to e-commerce, with the ability to embed their products and services within complementary ecosystems through offers that dynamically reflect users’ profiles and willingness to share their verified personal information during the passporting/onboarding process. Unlike traditional lead origination platforms, serviceX strikes the perfect balance between the growing need for data-driven leads and the highest level of user privacy and control, creating the most ethical lead generation system possible.

We help companies in Japan and Southeast Asia lower their client acquisition costs by up to 75% while at the same time giving them secure and compliant access to a data sharing market that is estimated to reach $370bn by 2023. Adopting serviceX, these institutions are introducing a step-change in the way they generate new leads for their services, giving users peace of mind that their information is safe as they control all aspects of how, what and with whom it is shared for access to the best-fit deals..

AND Global

AND Global

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AND Global is a Financial Technology as a service company that offers the very best of Fintech.

Kilde

Kilde

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Kilde is a global private debt investment platform. We intermediate funding of alternative lenders (Non-banking financial institutions) arranging the issuance of debt securities at our licensed platform in Singapore.

Kilde helps investors to diversify their portfolio with private debt, while robustly managing credit risk, managing loan covenants, under regulatory supervision.. .

FundedHere

FundedHere

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FundedHere, a Singapore-based equity- and lending-based crowdfunding platform, facilitates funding and venture debt for startups in the region from 5,000 U.S. dollars.

The platform has reviewed over 100 startups, mostly from Singapore, and has short-listed approximately 10, which have potential to be crowdfunded. When approved by FundedHere, startups get the opportunity to upload their project campaigns onto the website, and raise money through the online campaign itself.

For every successful campaign, the platform takes a 3% to 8% commission on the deal, in cash. Founded by andy Lim in 2015, FundedHere holds a Capital Markets Services license from the Monetary Authority of Singapore..

Jungle

Jungle

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Jungle is a payment method that enables the unbanked consumers to buy now and pay later without a need for a credit card or a credit history. Jungle lets you shop for your favorite purchases in monthly installments without a need for a credit card.

Jungle is a payment method that enables consumers to buy now and pay later.. .

Finaxar

Finaxar

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Finaxar is a financial service company that finances small businesses through cloud accounting platforms. The company leverages technology to provide fast and flexible business funding, aided by its simple, transparent pricing structures and integration.

Finaxar provides superior, fully automated capital solutions to help Singaporean small businesses manage short-term cash flows and avoid bankruptcy. These include receivable financing, a flexible line of credit etc.

– a perfect marriage between finance and technology. The company was founded on 2016 and is headquartered in Singapore..

Crowdo

Crowdo

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Crowdo is a regional fintech startup offering a portfolio of p2p lending and securities crowdfunding solutions. One of the largest and fastest growing in the region, Crowdo has offices in Singapore, Malaysia and Indonesia.

While recognized as an industry pioneer and champion, it is one of the first operators to be awarded a license by a regulator and the first to offer a full equity and debt portfolio to its clients.. .

Minterest Private Limited

Minterest Private Limited

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Recognised as Asia Pacific’s Top 25 Fintech Company by APAC CIO Outlook, Minterest is an online marketplace lending platform backed by ARA Asset Management. With a strong board comprising of a group of highly esteemed and successful industry veterans, Minterest brings unparalleled finance, real estate and investment experience to our platform investors, borrowers and partners.

Minterest combines the depth of the team’s finance, legal and IT expertise with the breadth of financial technology and robust credit assessment process to bring speed to lending for our corporates. In combining ARA’s strong track record and experience in real estate deals with our robust crowdfunding platform, we unlock quality, institutional-grade real estate investment opportunities for our retail investors.

Regulated by the Monetary Authority of Singapore, Minterest Private Limited holds a Capital Markets Services Licence to deal in securities under the Securities and Futures Act. We are also the founder member of the Marketplace Lending sub-committee of the Singapore Fintech Association..

MoolahSense

MoolahSense

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MoolahSense is a web-based crowd-lending platform.

BKK Forex

BKK Forex

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BKK Forex is a fully licensed remittance and moneychanger company with MAS.

High West Capital Partners

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High West Capital Partners is a private investment firm focused on global distressed, special situations and structured finance and 20+ markets spanning from South America to Europe and the Asia Pacific. The firm‘s primary objective is to provide immediate funding to clients who need liquidity.

High West Capital Partners is able to manage risks inherent in today’s equity markets and enhance the value of our investments in global markets and across multiple sectors, based on a unique blend of financial market experience and proprietary algorithmic models. High West Capital Partners specializes in providing custom liquidity solutions to institutional investors, mutual funds, family offices and corporate officers and directors.

We are able to provide innovative financing structures our competitors simply cannot provide due to our pool of long term capital. We can structure a financing product in any market throughout Asia, Middle East, Africa and Europe.

We understand the needs of our customers and pride ourselves on working as a team to make each customer completely happy. The High West difference is clear, we do what we say we are going to do and we provide customers with clear and easy to understand financing options.

Structured financial solutions do not need to be complicated as many of our competitors would have you believe. We work with our customers to understand their needs and then we execute.

Our goal is to have multiyear relationships versus one transaction and done. Founded on the values of creating long term capital growth solutions for small to middle market clients by managing volatility in the markets to achieve the stable returns required to be a leader in the industry.

Zhongguo Remittance

Zhongguo Remittance

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Zhongguo Remittance is the first remittance company in Singapore which provides remittance service from Singapore to China. Zhongguo Remittance has expanded tremendously since its beginnings in 1999, specialising not only in the China market, but also in Malaysia, Hong Kong, Taiwan, Indonesia, the US and other parts of the world.

Through a rigorous business training process, Zhongguo Remittance has built up a highly professional and efficient remittance consultancy team, which takes great pride in providing customers with world-class services. Over the years, it has strengthened ties with various companies and agencies, building an extensive and trustworthy network across the globe..

Onelyst

Onelyst

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Onelyst is a consumer lending marketplace that is leveraging on non-traditional data points to accelerate financial inclusion. It allows borrowers to get better rates and compare loan offers from licensed lenders.

It aims to empower consumers to make informed borrowing decisions and enhance the financial knowledge in the community.. .

Multiply Singapore

Multiply Singapore

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Multiply Singapore is a lender, offering tailored-made business financing solutions for the unbanked Singapore SMEs.

iCompare Loan

iCompare Loan

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iCompareLoan.com was set up specifically to help people with Home Loans either for Refinancing or new property purchase. All the bankers from their respective banks on Their panel are carefully selected and filtered throughout the years.

They represent the best of the breed bankers who are both knowledgeable and ethical. iCompareLoan.com continues to monitor the bank’s performance constantly through customer feedbacks as well as (From time-to-time, with the agreement of the customer) accompany customers to sit in at the session, where the respective bankers will be graded..

Silkway Ventures

Silkway Ventures

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International group of tech companies focusing on online micro lending, P2P lending, financial price comparison and digital marketing in Central and South-East Asia. Based in Singapore.

In the past eight years, we have built successful businesses in the areas of financial price comparison and online micro lending. And we are now diversifying our product offering and geographic footprint.

We are moving into P2P (peer-to-peer) lending space to target 500 million consumers across Central and Southeast Asian region.. .

GPL Remittance

GPL Remittance

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Since 1992, we have been committed to serving corporate and individual customers, to provide cost efficient and reliable remittance services. To provide excellent services, to serve customers of various nationalities, we hire ethnic staff to serve you better.

Our happy clients come from various walks of life. Among them are workers, domestic helpers, businessmen and executives.

GPL persistent effort in the search for official channel succeeded in procuring a licensed remittance company in Indonesia, 3 licensed remittance shops in Hong Kong, and 5 licensed outlet in Malaysia. All these overseas remittance outlets are now our licensed agents, our official channels..

Golden Credit

Golden Credit

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Golden Credit (S) Pte Ltd is a comprehensive moneylending firm that offers loans for various fiscal crisis. Offering services in Singapore, for the past so many years, they have managed to gain an unsurpassed repute.

Being a legal financier.. .

MaxCredit Pte Ltd

MaxCredit Pte Ltd

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Max Credit is a licensed moneylender based inSingapore offering secured loans. The privatemoneylender has been accredited by IPTO Singapore andis operated by MaxCredit Pte Ltd.

The trustedmoneylender in Singapore offers different kinds ofloans, which may stretch from a housing loan to apersonal loan. All the loans come with an instantapproval and are offered at a very competitive rate.Being a leading cash lender, Max Credit works withcomplete integrity.

Contact Info: Tel: +65 6336 4144 Fax: +65 6337 7828. .

MortgageWise

MortgageWise

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MortgageWise offers brokerage advising solutions for their properties.



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