Incomlend Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
51
- Latest Deal Type
-
Debt
- Investors
-
6
Incomlend General Information
Description
Developer of an invoice financing platform designed to connect businesses and private funders. The company's platform serves as a marketplace where suppliers can sell their invoices online to individuals or to companies willing to purchase them, enabling suppliers to obtain cash in exchange for a discount rate paid to the funders of the invoices.
Contact Information
Website
www.incomlend.comCorporate Office
- Singapore Land Tower
- Level 46-12, 50 Raffles Place
- Singapore, 048623
- Singapore
Corporate Office
- Singapore Land Tower
- Level 46-12, 50 Raffles Place
- Singapore, 048623
- Singapore
Incomlend Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Debt - General | 05-Oct-2021 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 24-Nov-2020 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 11-Aug-2020 | Completed | Generating Revenue | |||
| 4. Seed Round | 12-Jul-2018 | Completed | Generating Revenue | |||
| 3. Grant | 01-Dec-2017 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 01-Jul-2017 | $1M | $1.45M | Completed | Generating Revenue | |
| 1. Equity Crowdfunding | 01-Jul-2016 | $450K | $450K | Completed | Startup |
Incomlend Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A |
Incomlend Comparisons
Industry
Financing
Details
Incomlend Competitors (7)
One of Incomlend’s 7 competitors is Velotrade, a Venture Capital-Backed company based in Hong Kong, Hong Kong.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Velotrade | Venture Capital-Backed | Hong Kong, Hong Kong | ||||
| MODIFI | Venture Capital-Backed | Amsterdam, Netherlands | ||||
| Validus Investment Holdings | Venture Capital-Backed | Singapore, Singapore | ||||
| Funding Societies | Venture Capital-Backed | Singapore, Singapore | ||||
| Drip Capital | Venture Capital-Backed | Palo Alto, CA |
Incomlend Signals
Incomlend Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Scaler8 | Accelerator/Incubator | |||
| CMA CGM | PE-Backed Company | Minority | ||
| International Finance Corporation | PE/Buyout | Minority | ||
| Angel (individual) | Minority | |||
| Peak XV Partners | Venture Capital | Minority |
Incomlend Acquisitions (1)
Incomlend’s most recent deal was a Merger/Acquisition with LC Lite. The deal was made on 06-Feb-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| LC Lite | 06-Feb-2024 | Merger/Acquisition | Financial Software |
Incomlend Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| LC Lite | Singapore, Singapore | 2018 |
Incomlend FAQs
-
When was Incomlend founded?
Incomlend was founded in 2016.
-
Where is Incomlend headquartered?
Incomlend is headquartered in Singapore, Singapore.
-
What is the size of Incomlend?
Incomlend has 51 total employees.
-
What industry is Incomlend in?
Incomlend’s primary industry is Other Financial Services.
-
Is Incomlend a private or public company?
Incomlend is a Private company.
-
What is Incomlend’s current revenue?
The current revenue for Incomlend is .
-
How much funding has Incomlend raised over time?
Incomlend has raised $21.8M.
-
Who are Incomlend’s investors?
Scaler8, CMA CGM, International Finance Corporation, , and Peak XV Partners are 5 of 6 investors who have invested in Incomlend.
-
Who are Incomlend’s competitors?
Velotrade, MODIFI, Validus Investment Holdings, Funding Societies, and Drip Capital are some of the 7 competitors of Incomlend.
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