# Kinetic Innovation Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kinetic-innovation-pte

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.kinetictechnology.com/
- Total disclosed funding: $7.7M
- Latest round: Seed (Nov 15, 2023)
- Investors on record: 3

## About

Founded in 2022 by Tom Duncan, and Rajiv Chandna, and based in Singapore, Kinetic Innovation Pte. Ltd., operates as a financial technology company that offers software-as-a-service to connect payment companies and merchants with an aim to accelerate global e-commerce. In November 2023, Kinetic Innovation Pte. Ltd. raised USD 7.66 million in seed funding co-led by Forge Ventures and Blowfish Ventures Limited, with participation from another new investor Openspace Ventures.

The company offers a credit insight and management tool used for credit scoring during onboarding and real time risk monitoring helping payments companies manage credit risk with merchants.

The company also provides credit insurance automation solutions for payments companies used to monitor collateral risk and conduct risk reviews.

The company generates revenue by charging companies for its management tool.

## Funding rounds

- Seed, Nov 15, 2023, $7.7M — Openspace Capital, Analog Capital, Blowfish Ventures Limited

## Investors

- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Seed
- Analog Capital — Seed
- Blowfish Ventures Limited — Seed