Helicap is a FinTech-driven firm specializing in the alternative lending space in Asia-Pacific. We help people improve their livelihoods by driving financial inclusion and enabling our partner platforms to transform the way consumers and SMEs access credit today.
Alternative lending is a broad term used to describe the wide range of loan options available to consumers and business owners outside of a traditional bank loan. Alternative lenders include P2P lending platforms, licensed balance sheet lenders, microfinance institutions, leasing companies and other traditional non-bank financial institutions. Most of them have developed underwriting processes, technology and distribution channels that allow them to overcome the traditional barriers faced by banks in financing underserved individuals and SMEs.
Financial Technology or ‘FinTech’ is an emerging industry that uses technology to compete with traditional methods in the delivery of financial services. At Helicap, we use a proprietary technology stack and risk analytics to collect and analyze data from originators and assess credit risk.
The Asia Pacific region is one of the most rapidly developing regions in the world, yet the majority of its population have difficulty accessing credit. A 2019 report by Google, Temasek, and Bain Co estimates that out of the 400 million adults in SEA, 98 million are underbanked while 198 million – or nearly 50% of adults - remain unbanked. Additionally, according to a 2017 IFC report, there are 36M MSMEs in Southeast Asia and Australia which currently face a credit gap of over US$ 550bn.
It is a method of debt financing that enables a company to borrow money and individuals to lend money without using a conventional financial institution as an intermediary.
Please contact us via [email protected] or +65 6909 9266.
We start the due diligence process by signing an NDA that protects both us and our partners. The due diligence process takes one to three months. A primary list of required documents will be sent to you to initiate the due diligence process.
Helicap currently focuses on Asia Pacific.