Jenfi Raises $6.3 Million in  Series A

by Kay Aloha Villamor in August 19th, 2021

Jenfi, a revenue based-finance provider, has announced that it has raised $6.3 million in a Series A round led by Monk’s Hill Ventures. Other participants include Korea Investment Partners and Golden Equator Capital, 8VC, ICU Ventures, and Taurus Ventures.

Some of Jenfi’s Series A will be used to develop more integrations for its proprietary risk assessment engine, which analyzes how efficiently companies use their growth spending.

Company: Jenfi Pte Ltd

Raised: $6.3M

Round: Series A

Funding Month: August 2021

Lead Investors: Monk’s Hill Ventures

Additional Investors: Korea Investment Partners and Golden Equator Capital, 8VC, ICU Ventures, and Taurus Ventures

Company Website: https://jenfi.com/

Software Category: a revenue based-finance provider

About the Company: Liu launched Jenfi with Justin Louie in 2019, after seeing how traditional financial institutions were lagging behind Southeast Asia’s digital boom. Jenfi works primarily with “digital-native” companies, including SaaS providers and e-commerce sellers. Some of its clients include Tier One Entertainment, Pay With Split, and Homebase. 

Source: https://techcrunch.com/2021/08/16/revenue-based-financing-startup-jenfi-raises-6-3m-to-focus-on-high-growth-southeast-asian-companies/ 

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