# AsiaCollect Holdings Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asiacollect-holdings-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.flow-tech.ai
- Total disclosed funding: $15M
- Latest round: Series A (Apr 14, 2022)
- Investors on record: 10

## About

AsiaCollect Holdings Pte. Ltd. offers innovative digital debt collection services tailored for emerging Asian markets, enhancing collection efficiency through technology-driven solutions.Founded in 2016, AsiaCollect Holdings Pte. Ltd. is based in Singapore and operates as a provider of digital debt collection solutions. The company has executed a total of 6 deals as of April 14, 2022, when it secured USD 4.6 million in Series A funding from investors including Blauwpark Partners, Integra Partners, Rhodium Capital, and SIG Asia Investment. The firm currently holds a valuation of USD 32.63 mn.AsiaCollect specializes in ethical digital debt collection services that cater to the needs of underserved markets in Asia. The company's core offerings utilize an in-house developed credit and collections software that optimizes the delinquency cycle, enhancing collection efficiency. By integrating AI technology, AsiaCollect provides personalized interactions with users while managing a vast array of accounts through machine learning, minimizing the need for field collections. Its primary clientele includes financial institutions and organizations with non-performing loan portfolios in markets such as Indonesia, India, and Vietnam.In the most recent fiscal year, AsiaCollect reported a revenue of USD 264,622 and an EBITDA of USD -582,811. The company generates income through subscription-based services and partnerships aimed at improving credit management for its clients, facilitating the integration of its proprietary software for better account management and financial health. These services are typically offered under monthly or annual subscription plans, while they also engage in acquiring non-performing loan portfolios to assist clients in managing their financial positions effectively.With the recent funding of USD 4.6 million raised on April 14, 2022, AsiaCollect aims to enhance its product offerings and expand its market reach. The company is looking to roll out new features in its software platform to improve user engagement and collection processes, although specific release dates have not been disclosed. Additionally, there are plans to penetrate further into Southeast Asian markets, specifically targeting regions with high demand for digital debt collection solutions by 2024.

## Funding rounds

- Series A, Apr 14, 2022, $4.6M — SIG Asia Investment, Rhodium Capital, Integra Partners, Blauwpark Partners
- Series A, Jun 3, 2020, $9.6M — DEG, SIG Asia Investment, Pix Vine Capital, Icredizen Financial Technologies Pvt. Ltd., Integra Partners, SCB10X, Forum Capital, Blauwpark Partners, Prasetia Dwidharma
- Seed, Oct 3, 2017, $1M — Integra Partners

## Investors

- Integra Partners (https://capitalatlas.ai/funds/integra-partners) — Seed, Series A
- DEG — Series A
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A
- Pix Vine Capital (https://capitalatlas.ai/funds/pix-vine-capital) — Series A
- Icredizen Financial Technologies Pvt. Ltd. — Series A
- SCB10X (https://capitalatlas.ai/funds/scb10x) — Series A
- Forum Capital (https://capitalatlas.ai/funds/forum-capital) — Series A
- Blauwpark Partners (https://capitalatlas.ai/funds/blauwpark-partners) — Series A
- Prasetia Dwidharma (https://capitalatlas.ai/funds/prasetia-dwidharma) — Series A
- Rhodium Capital — Series A