Project code name : “ UNDERCOVER“

Venture - Fintech / Microlending
USD 30M - EBIT USD 12M
USD 50M Fundraising
ASEAN

Online Microcredit


Detailed Investment Project Analysis available against signature of an electronic NDA Request more details

“UNDERCOVER” project consists in financing and developing the first leading online South-East Asian based Micro-credit 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