Jenfi, a Singapore-based fintech startup, has raised $6.6 million in pre-Series B funding led by Headline Asia. The platform provides online businesses with revenue-based financing within a day. Jenfi will use the funding to expand in Southeast Asia, refine its credit underwriting, and improve its risk assessment engine, along with adding more local market data sources.
💰 Jenfi’s revenue-based financing ranges from $10,000 to $1 million.
🔍 Jenfi’s proprietary risk assessment engine integrates into data sources and monitors its borrowers’ revenue growth and marketing ROI.
🎢 Repayment plans are flexible and based on predetermined revenue shares.