# Boost Capital Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boost-capital-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.boostkh.com
- Total disclosed funding: $3.4M
- Latest round: Seed (Aug 15, 2023)
- Investors on record: 9

## About

Based in Singapore, Boost Capital Pte. Ltd. is a provider of innovative digital financial services, facilitating loans, savings, credit cards, and insurance applications through a streamlined technology-driven platform.Founded in 2018 in Singapore, Boost Capital Pte. Ltd. specializes in digital financial services. The company has secured a total of USD 2.50 mn in funding through a SEED round led by investors such as Epic Angels and Village Global. The company's CEO is Gordon Peters, who is among the co-founders, including Arthur Longbottom, Hank Tuipulotu, and Lucinda Revell. Boost Capital has completed 5 deals since its inception.Boost Capital specializes in providing innovative digital financial services, primarily focused on loans, savings, credit cards, and insurance applications. Their core offering enables clients to apply for financial products through a streamlined, technology-driven process accessible from smartphones. The company’s platform supports both collateralized and uncollateralized loans, catering to a diverse clientele that includes individuals with salary income and small business owners. Boost Capital's technology enables the rapid onboarding of clients, with an emphasis on enhancing customer satisfaction through chat and video-based interactions. The company operates in several geographical markets across Southeast Asia, including Singapore, Cambodia, the Philippines, and Indonesia, effectively serving over 5 million financial service customers and 50,000 students engaged in financial education.Boost Capital generates revenue through its digital financial services, primarily by facilitating loan transactions and partnerships with financial service providers. In 2023, the company reported a revenue of USD 214,775 with an EBITDA of USD -255,778. Clients engage with Boost Capital’s platform to obtain loans ranging from USD 25 to USD 40,000, processed quickly—often resulting in preliminary decisions within five minutes and funds disbursed in 1-2 hours. Revenue is derived from transaction fees associated with loan disbursements and collaborative financial products offered through their partnerships.Boost Capital Pte. Ltd. plans to leverage its recent funding from XA Network to develop new products and improve existing offerings. The company aims to expand its market presence in Southeast Asia by targeting additional geographical regions by the end of 2024. Investments from the SEED round will support these initiatives, allowing Boost Capital to enhance its technology and service delivery capabilities.

## Funding rounds

- Seed, Aug 15, 2023, $2.5M — Insitor Partners, Village Global, Hustle Fund, Iterative, Xcel Next Ventures, Epic Angels
- Seed, May 20, 2021, $0.3M — SOSV, Insitor Partners, MOX, Loyal Venture Fund Group
- Seed, Aug 17, 2020, $0.6M — SOSV, Insitor Partners, MOX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Insitor Partners (https://capitalatlas.ai/funds/insitor-partners) — Seed
- MOX — Seed
- Loyal Venture Fund Group (https://capitalatlas.ai/funds/loyal-venture-fund-group) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Iterative (https://capitalatlas.ai/funds/iterative) — Seed
- Xcel Next Ventures (https://capitalatlas.ai/funds/xcel-next-ventures) — Seed
- Epic Angels (https://capitalatlas.ai/funds/epic-angels) — Seed