Candidature YC de Jenfi

Winter 2020Active

Jenfi a été sélectionné par Y Combinator dans le cadre du batch Winter 2020 en tant qu'entreprise Fintech. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.

Batch YC: Winter 2020
Secteur d'activité: FintechCredit and Lending
Taille de l'équipe: 18
Statut: Active
Lancé: 2020

Fondateurs

Jeffrey LiuFounder
Justin LouieFounder

Ce que fait Jenfi

We back growing digital businesses using revenue based financing. Many of growing businesses in Asia are highly "bankable" yet 50-70% are unable to obtain capital to grow their business. Having been business owners ourselves, we experienced firsthand the struggles of funding a business - from expensive equity options to loans that required personal guarantees. We went live in Singapore first to validate the product/market fit. We plan to expand across the APAC region.. Our sweet spot is backing repeatable business spend - expenses that leads to increased revenue. Our financing product allows businesses to keep growing with us over time. Over a third of our advances today are from repeat borrowers. We created a brand new asset class in Asia - offering flexible repayment options, such as tieing repayment with sales. Business owners LOVE this. Our automated financial technology platform ingests revenue and alternative data sources that gives us a proprietary edge in understanding the behavior of our borrowers. As we collect continuous data, we are able to offer better financial and technology solutions, while mitigating our downside risk. Funds are seamlessly deployed via our virtual Jenfi Wallet and MasterCard solution, giving borrowers flexibility to make payments while giving Jenfi real-time tracking of their spend. Recent coverage:

Candidature YC de Jenfi, reconstruite

Candidature Y Combinator

Jenfi, promotion Winter 2020. Les vraies questions de candidature, répondues à partir de données publiques.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Jenfi

Describe what your company does in 50 characters or less.

Revenue-based financing for digital businesses in Asia

What is your company going to make? Please describe your product and what it does or will do.

We provide revenue-based financing tailored for digital businesses across Asia. Our platform uses automated financial technology that ingests revenue and alternative data to assess borrower behavior and risk. We fund repeatable business expenses that drive revenue growth. Borrowers get advances repaid flexibly, tied to their sales through our Jenfi Wallet and MasterCard, allowing real-time tracking and repayments aligned with their cash flow.

Where do you live now, and where would the company be based after YC?

We live and operate in Singapore, and after YC we plan to keep the company based here, expanding across APAC from this hub.

Explain your decision regarding location.

Singapore has a dense ecosystem of digital businesses and is an ideal place to validate our product-market fit in Asia. Its regulations and infrastructure suit fintech startups like ours, plus we have local knowledge and presence.

21 réponses supplémentaires dans la candidature complète

se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.

Voir la candidature complète

Questions fréquemment posées

Est-ce la vraie candidature YC de Jenfi ?

Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de Jenfi (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Jenfi se présenterait à YC, pas le texte qu'ils ont soumis.

À quel batch YC Jenfi appartenait-il ?

Jenfi faisait partie du batch Winter 2020 de Y Combinator.

Qui a fondé Jenfi ?

Jenfi a été fondé par Jeffrey Liu, Justin Louie.

Que fait Jenfi ?

Jenfi provides revenue-based financing for digital businesses in Asia

Comment lire la candidature complète reconstruite ?

Créez un compte Round Funded gratuit. La version complète de la candidature de Jenfi en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.