Our Investment Opportunities – Project Code Name: “UNDERCOVER”

MICRO-CREDIT - Investment Opportunities

Online Microcredit

Project code name “UNDERCOVER”

Series B

ASEAN

Fund Raising

“UNDERCOVER” project consists in financing and developing the first leading online South-East Asian based microcredit firm.

The company has already achieved its proof of concept with USD 3M turnover in its local market (+1100% YoY growth) and a successful USD 12M Serie A in mid-2017.

Our client seeks now USD 20M in equity & USD 30M in debt to :

– Growth capital for expansion to other markets
– Marketing & user acquisition
– Diversification into other credit products

 

Key Investment Considerations

 

    1. Invest in a leading player established in the strategic Southeast Asian region

  • A fast growing market where the majority of the population have no access to credit
  • Data collection and proprietary algorithms with continued investment in machine-learning / A.I. technologies

 

    2. Outstanding and experienced executive team

  • The management previously founded a financial start-up
  • Qualified management with 12+ years of experience each
  • Strong experience in credit & banking institution (Citi, Rabo, Barclays)

 

    3. Solid track-record in micro-credit : high monthly returns to lending capital providers with minimum downside

  • Current portfolio nonperforming Loan “NPL”: 1.08%
  • Clients monthly application growth (April ’15 – Current): ~29%
  • Clients monthly retention rate: 75%
  • Monthly net interest margin: ~18%

 

    4. Realistic & attractive BP

  • 2017 growth (vs. 2016): +1100%
  • 2017E revenue = ~USD 3M
  • 2018F revenue = ~USD 30M / EBIT = USD 12M