Jenfi (YC Winter 2020)

TL;DR: Jenfi is a Y Combinator Winter 2020 startup provides revenue-based financing for digital businesses in Asia , currently active with a team of 18.

Jenfi provides revenue-based financing for digital businesses in Asia

YC ID
13627
YC Batch
Winter 2020
Status
Active
Team size
18
Industry
Fintech, Credit and Lending
Tags
Banking as a Service, Fintech, B2B
YC profile
https://www.ycombinator.com/companies/jenfi

Last verified:

We back growing digital businesses using revenue based financing. Many of growing businesses in Asia are highly "bankable" yet 50-70% are unable to obtain capital to grow their business. Having been business owners ourselves, we experienced firsthand the struggles of funding a business - from expensive equity options to loans that required personal guarantees. We went live in Singapore first to validate the product/market fit. We plan to expand across the APAC region.. Our sweet spot is backing repeatable business spend - expenses that leads to increased revenue. Our financing product allows businesses to keep growing with us over time. Over a third of our advances today are from repeat borrowers. We created a brand new asset class in Asia - offering flexible repayment options, such as ti…

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Frequently asked questions

Is Jenfi a YC (Y Combinator) company?

Yes. Jenfi was funded by Y Combinator in the Winter 2020 batch. Jenfi provides revenue-based financing for digital businesses in Asia

What does Jenfi do?

We back growing digital businesses using revenue based financing. Many of growing businesses in Asia are highly "bankable" yet 50-70% are unable to obtain capital to grow their business. Having been business owners ourselves, we experienced firsthand the struggles of funding a business - from expensive equity options…

What YC batch was Jenfi in?

Jenfi was part of Y Combinator's Winter 2020 batch.

How big is Jenfi?

Jenfi has a team of 18 people according to Y Combinator's directory.

Is Jenfi still active?

Jenfi is currently listed as Active with a team of 18 in Y Combinator's directory.

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