Capital Match
Capital Match is a peer-to-peer lending and invoice financing platform for small and medium enterprises (SMEs) in Southeast Asia.[1][2] Headquartered in Singapore, it operates an online platform[3] for SMEs to seek funds from investors.[4]
Type | Private Limited |
---|---|
Industry | Peer to peer lending, Marketplace lending |
Founded | 2014 |
Founder | Pawel Kuznicki |
Headquarters | Singapore |
Area served | Southeast Asia |
Products | Peer-to-peer lending, Invoice financing, Factoring |
Number of employees | 20-50 |
Website | www |
History
Capital Match was incorporated in 2014 and launched operationally in early 2015.[5]
In early 2017, Capital Match’s subsidiary, CM Advisers Pte. Ltd., obtained a CMS Licence with the Monetary Authority of Singapore (MAS).[6]
As of June 2017, Capital Match claims to have processed financing of more than S$40 million in cumulative origination.[7] Capital Match has received funding[8] from investors that include Dymon Asia Ventures, Innosight Ventures and Crystal Horse Investments, among others.[9][10]
Business model
Capital Match provides an online platform for SMEs to obtain short term financing from individual and corporate investors[11]
Investors can browse the facilities on the platform and make a minimum commitment of S$1,000 per facility[12] and earn interest on their investments.[13] Capital Match earns by charging borrowers a processing fee and late payment fee (in the case whereby repayments from the borrower are delayed) and investors a commission fee.[14]
References
- "Getting a business loan in two hours". The Straits Times. 2016-01-17.
- "Capital Match looks to play matchmaker for SMEs seeking loans". Digital News Asia. 2015-07-06.
- "Lack of credit risk data is key challenge to SME lending: Kuznicki, Capital Match". Deal Street Asia. 2015-11-26.
- "Pawel Kuznicki, Director & Co-Founder of Capital Match - Asian Entrepreneur". Asian Entrepreneur. 2015-03-04.
- "Singapore based P2P lending platform Capital Match goes live". Finextra Research. 2015-04-15.
- "Singapore Marketplace Lender Capital Match Facilitates S$40M+ in Cumulative Origination". Crowdfund Insider. 2017-05-26.
- "Singapore's biggest marketplace lender hits S$40 million originations - AltFi News". AltFi. 2017-05-26.
- "Singapore's Capital Match raises Series A investment of US$712,000". e27. 2017-08-17.
- "Capital Match raises $1m in Series A round led by Innosight Ventures". DealStreetAsia. 2017-08-17.
- "Singapore's Capital Match raises $710K to enable small business lending". Tech in Asia. 2015-08-17.
- "Peer-to-peer lending firm eyes expansion abroad". AsiaOne. 2015-05-06.
- "Tech in Asia - Connecting Asia's startup ecosystem". Tech in Asia. 2015-04-17.
- "Online matchmakers catch investors' eye". Asian Investor. 2015-04-15.
- "Capital Match: Singapore's Peer-to-Peer Lending Fintech". Sg Wealth Builder. 2015-03-16.