# LXA Pte.

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

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Total disclosed funding: $10M
- Latest round: Seed (Nov 8, 2023)
- Investors on record: 3

## About

Based in Singapore, and founded in 2023 by its CEO, Kishore Moorjani, and COO, Shawn Low LXA Pte. Ltd., operates as a financial technology platform that offers financial services such as initialization, handling, evaluation, and maintenance of loans. In January 2024, LXA Pte. Ltd. raised an undisclosed amount of venture funding from new investors Phoenix Advisers, and Lighthouse Canton, with participation from individual investors.

The company offers a financial technology platform used for matching institutional capital pools with residential mortgage borrowers, which streamlines the entire mortgage lifecycle, from loan origination to loan servicing.

LXA's proprietary technology supports digital credit decisions and intelligent workflow orchestration, addressing the demand from Asian insurers and borrowers for differentiated mortgage products.

The company plans to use the November 2023 funding to further develop its product offerings, increase manpower, and expand its business.

## Funding rounds

- Seed, Nov 8, 2023, $10M — New Enterprise Associates, SG Growth Capital, Openspace Capital

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Seed
- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Seed