- Japanese lending platform Crowd Credit partners with Singapore’s Helicap.
- Helicap will connect borrowers and help nurture relationships.
- The partnership expands Crowd Credit’s reach and provides Japanese investors access.
A brilliant partnership for both
Japanese lending platform Crowd Credit has partnered with Singapore-based fintech firm Helicap to channel US$50 million from Japanese investors to Southeast Asian firms.
Helicap will connect potential Southeast Asian borrowers with Crowd Credit and help nurture the latter’s relationship with financial institutions in the region.
In turn, Crowd Credit will link investment opportunities in Japan to Helicap. Helicap co-founder and CEO David Wang stated, “This partnership will allow us to expand our investor base further and provide Japanese investors with access to a hugely growing market with stable returns.”
Helicap’s successful track record
Previously, Helicap linked up with Credit Saison to deploy US$10 million in impact debt financing into Southeast Asia.
However, the partnership was made with the international arm of the Japanese financial services group, as clarified by Wang. In an email, Wang added that his company may also raise equity funding soon, likely within the next six months.
Since its inception in 2018, Helicap has raised over US$300 million from investors through its bases in Kuala Lumpur, Paris, Dubai, and Singapore, achieving stable returns and maintaining a zero default track record using a unique credit screening system and loan structure.
From Japan to huge Southeast Asian market
Crowd Credit provides private lending opportunities to individual investors, concentrating on Japan.
The platform also offers debt capital in several sectors, including non-bank financial institutions and renewable energy firms, via its online crowdfunding platform in Japan.
The partnership with Helicap will further expand Crowd Credit’s reach and provide Japanese investors with access to the growing Southeast Asian market.
To read the original article: https://www.techinasia.com/crowd-credit-channel-50m-southeast-asia-helicap-tieup
