Jenfi

Inscrição YC de Jenfi

Winter 2020Active

Jenfi passou pela Y Combinator no batch Winter 2020 como uma empresa Fintech. Abaixo: o que a empresa faz, quem a fundou e sua inscrição para a YC, reconstruída pergunta por pergunta no formulário real da YC.

Batch YC
Winter 2020
Indústria
FintechCredit and Lending
Tamanho da equipe
18
Status
Active
Lançada
2020

Fundadores

  • Jeffrey Liu
    Jeffrey LiuFounder
  • Justin Louie
    Justin LouieFounder

O que Jenfi faz

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:

Inscrição YC de Jenfi, reconstruída

Inscrição Y Combinator

Jenfi, lote Winter 2020. As verdadeiras perguntas do formulário, respondidas com dados públicos.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. 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 respostas a mais na inscrição completa

Founders, Progress, Idea, Equity, Curious, Batch Preference estão na versão completa. Crie uma conta gratuita para abri-la no YC Insights, ao lado de todos os outros batches da YC.

Perguntas Frequentes

Esta é a inscrição real da YC de Jenfi?

Não. A Y Combinator mantém as inscrições submetidas em privado. Esta é uma reconstrução: as perguntas reais do formulário da YC, respondidas a partir dos dados públicos de Jenfi (notas de lançamento, históricos de fundadores, descrição do produto). Mostra como uma empresa como Jenfi se apresentaria à YC, não o texto que eles submeteram.

Em qual batch da YC Jenfi esteve?

Jenfi fez parte do batch Winter 2020 da Y Combinator.

Quem fundou o Jenfi?

O Jenfi foi fundado por Jeffrey Liu, Justin Louie.

O que o Jenfi faz?

Jenfi provides revenue-based financing for digital businesses in Asia

Como eu leio o application completo reconstruído?

Crie uma conta gratuita no Round Funded. A versão completa de 26 respostas do application do Jenfi, e de todos os outros lotes do YC, está no YC Insights.

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