About Alevate Capital
Alevate Capital is a Financial Services company based in Petaling Jaya (Malaysia) founded in 2016, and was acquired by PUC in June 2024. Provider of SME micro loan and business financing solutions. Its focus areas include Consumer and SME Loans, SME Loans and Diversified. Its competitors include Credit Guarantee, RCE Capital and MADCash; 1 of its 3 listed competitors has raised funding.
Company details
Alevate Capital was established in 2016 in Petaling Jaya, Selangor, Malaysia. Financial services in the lending sector are focused on small and medium enterprises, with micro loans and business financing offered to facilitate operations. Assistance is extended to support economic activities within the Malaysian market, targeting growth for local businesses through accessible funding options.
- Headquarters Petaling Jaya, Malaysia
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website alevatecapital.com.my
- Acquired by PUC (Jun 2024)
- Investors
- Acquired byPUC
(Jun 2024)
Investors in Alevate Capital
Alevate Capital has secured backing from 1 investor. Prominent investors backing the company include PUC Berhad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Omni-channel marketing, e-commerce, and FinTech services in Malaysia. | puc.com |
Investor details for Alevate Capital
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- Complete investor list
- Round participation
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Timeline of Alevate Capital
2 dated milestones of Alevate Capital across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Alevate Capital is founded.
- Exit Acquired by PUC.
Competitors of Alevate Capital
Alevate Capital has 3 listed competitors in our database, 1 of them funded. They include Credit Guarantee, RCE Capital and MADCash.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cgc.com.my | 1972 | Petaling Jaya, Malaysia | Offers guarantees and financing schemes for micro, small, and medium enterprises in Malaysia. | |||
| rce.com.my | 1953 | Kuala Lumpur, Malaysia | Personal financing, payroll collection, and factoring services are offered. | |||
| getmadcash.com | 2020 | Kuala Lumpur, Malaysia | $1.06M | MADCash was founded in 2020 in Kuala Lumpur, Malaysia. |
Detailed competitors of Alevate Capital
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- Operating metrics
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- Competitive positioning
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Frequently Asked Questions about Alevate Capital
Alevate Capital was founded in 2016.
Alevate Capital is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Alevate Capital was established in 2016 in Petaling Jaya, Selangor, Malaysia. Financial services in the lending sector are focused on small and medium enterprises, with micro loans and business financing offered to facilitate operations. Assistance is extended to support economic activities within the Malaysian market, targeting growth for local businesses through accessible funding options.
Alevate Capital's top competitors include RCE Capital, MADCash and Credit Guarantee.
Alevate Capital has 1 investor. Key investors include PUC Berhad.
Yes. Alevate Capital was acquired by PUC in June 2024.