# Jenfi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jenfi

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.jenfi.com
- Total disclosed funding: $8.4M
- Latest round: Series A (Aug 17, 2021)
- Investors on record: 12

## About

Based in Singapore, Jenfi specializes in revenue-based financing solutions for digital businesses, enabling them to access capital quickly and adapt repayments to their revenue fluctuations.Jenfi Pte Ltd. is a Singapore-based company that provides revenue-based financing, primarily to digital enterprises. Founded in 2019 by Jeffrey Liu, the company has successfully completed 8 investment deals, with its most recent funding round occurring on May 16, 2023. In this round, Jenfi raised USD 6.6 mn in pre-Series B funding led by Headline Asia, with participation from investors including Atlas Venture, Golden Equator Capital, Granite Oak, Investment Capital Ukraine, Korea Investment Partners, and Monk's Hill Ventures. To date, Jenfi has raised a total of USD 6.6 mn.Jenfi specializes in providing revenue-based financing solutions, primarily targeting digital businesses such as e-commerce, SaaS companies, direct-to-consumer brands, and mobile applications. Their core offering enables businesses to access capital quickly, with approvals granted in as little as 24 hours. Jenfi facilitates flexible repayments based on a percentage of the client's monthly revenue, adapting to the fluctuating income experienced by many digital enterprises. This financing model allows businesses to manage cash flow gaps effectively, whether to fund digital marketing efforts, maintain inventory levels, or expand into new markets. Jenfi's services cater to clients across Southeast Asia, focusing on companies registered as Pte Ltd or LLP entities with at least six months of verifiable revenue activity.Jenfi's revenue model is structured around funding arrangements where businesses receive capital in exchange for a fixed percentage of their future revenues. In the most recent year of 2022, Jenfi reported a revenue of USD 838,715, with an EBITDA of USD -1,580,290. Jenfi's transactions occur directly with small to medium-sized digital enterprises that require immediate access to growth capital without sacrificing equity. Clients can qualify for funding amounts up to USD 500,000, using the capital for various growth activities, including marketing campaigns and inventory replenishment. The company employs a transparent pricing approach, charging a flat fee tied to the amount advanced, with repayments structured according to each client's revenue performance, thus aligning Jenfi's interests with those of its clients.In May 2023, Jenfi Pte Ltd. raised USD 6.6 mn in pre-Series B funding to accelerate technology development and enhance its risk assessment and credit underwriting capabilities. The company plans to expand across Southeast Asia, targeting new markets beyond its current operations. The recent funding will support these initiatives, enabling Jenfi to strengthen its offerings and reach more digital businesses that require flexible financing solutions.

## Funding rounds

- Series A, Aug 17, 2021, $6.3M — Investment Capital Ukraine, Korea Investment Partners, Monk's Hill Ventures, 8VC, Golden Equator Capital, Taurus Ventures
- Seed, Apr 17, 2020, $2.1M — Atlas Venture, VentureSouq, Next Billion Capital Partners, Stormbreaker Venture Group, XA Network, Analog Capital

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Seed
- Next Billion Capital Partners (https://capitalatlas.ai/funds/next-billion-capital-partners) — Seed
- Stormbreaker Venture Group (https://capitalatlas.ai/funds/stormbreaker-venture-group) — Seed
- XA Network (https://capitalatlas.ai/funds/xa-network) — Seed
- Analog Capital — Seed
- Investment Capital Ukraine (https://capitalatlas.ai/funds/investment-capital-ukraine) — Series A
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- Golden Equator Capital (https://capitalatlas.ai/funds/golden-equator-capital) — Series A
- Taurus Ventures (https://capitalatlas.ai/funds/taurus-ventures) — Series A