About Chocolate Finance
Chocolate Finance is a Financial Services company based in Singapore (Singapore) founded in 2021 by Walter De Oude. Home and business loans are provided to clients in Singapore. It operates on a FinTech and Commission-Based model. Chocolate Finance has raised $34 million across 2 funding rounds from investors including Credit Saison India, Orion Advisor Solutions and Prosus. Its chief executive, as recorded, is Walter De Oude. Its website chocolatefinance.com draws about 26 thousand monthly visits. Chocolate Finance offers products and services including Chocolate Managed Account, Chocolate Visa Debit Card, and USD Account. Its focus areas include Financials, Asset Management and Wealth Management. Its legal entity is Chocfin Pte Ltd. Its competitors include Carabao Capital, Hong Leong Finance and Finaxar.
Company details
Chocolate Finance is managed as a non-bank asset management platform focused on delivering returns on spare cash. Services are provided in the financial sector, targeting individual savings with tiered returns based on deposit amounts. Solutions include daily returns, instant withdrawals, and secure custody of funds through regulated institutions. Operations are extended across regions like Singapore, Hong Kong, Japan, and the UAE, with a focus on user-friendly fintech applications.
- Headquarters Singapore, Singapore
- Founders Walter De Oude
- SectorsFinancial Services
- Phone•••• ••••
- Website chocolatefinance.com
- Social LinkedIn Facebook Instagram
- Legal Name Chocfin Pte Ltd
- Total Equity Funding$34M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series A
Jul 2025
- InvestorsCredit Saison India
& 9 more
Products & Services of Chocolate Finance
Chocolate Finance offers a comprehensive portfolio of products and services, including Chocolate Managed Account, Chocolate Visa Debit Card, and USD Account.
Returns are offered on spare cash investments.
Debit card is provided with competitive FX rates.
Higher returns are provided for USD savings.
Funding Insights of Chocolate Finance
Chocolate Finance has successfully raised a total of $34M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $34M
- Total Rounds 2
- Last Round Series A — $15M
- First Round $19M
(Aug 2022)
- Investors Count 10
All 2 funding rounds of Chocolate Finance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $15M | Series A | – | Nikko Asset Management | |
| Aug 2022 | $19M | Series A | – | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Chocolate Finance
Chocolate Finance has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Credit Saison India, Orion Advisor Solutions and Prosus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech companies are invested in by this venture capital firm. | 1997 | prosus.com | Amsterdam, Netherlands | |
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Diversified secondary market and venture capital investments are managed. | ionpacific.com | Hong Kong, China | ||
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Venture capital firm focused on pre-seed to series B stage companies | saisoncapital.com | Singapore, Singapore | ||
Wealth technology solutions are provided for financial advisors. | 1998 | orion.com | Omaha, United States | |
Credit Saison India is engaged in providing diverse lending solutions. | 2019 | creditsaison.in | Bengaluru, India | |
DARA Holdings offers comprehensive real estate investment brokerage and advisory services, specializing in sourcing, acquisition, renovation, and management of single-family and multifamily properties. | 2006 | daraholdings.com | Beverly Hills, United States | |
| nikkoam.com | ||||
WD Walter De Oude | Founder of Chocolate Finance, ex-Singlife CEO, active angel investor | unknown_9700c300ed8348a7a |
Investor details for Chocolate Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Chocolate Finance
1 people are tracked at Chocolate Finance (1 in leadership).
| Name | Role | Group |
|---|---|---|
Walter De Oude | Founder & CEO | Leadership |
Complete people profiles for Chocolate Finance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Chocolate Finance
3 dated milestones of Chocolate Finance across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Chocolate Finance is founded.
- Funding First funding round of $19.0M.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of Chocolate Finance
Chocolate Finance has 3 listed competitors in our database. They include Carabao Capital, Hong Leong Finance and Finaxar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carabaocapital.com | 2015 | Singapore | Provides comprehensive solutions for diversified SME loans. | |||
| hlf.com.sg | 1961 | Singapore | Financial services are provided by Hong Leong Finance in Singapore. | |||
| finaxar.com | 2016 | Singapore | Accounting software is developed for small and medium enterprises. |
Detailed competitors of Chocolate Finance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Chocolate Finance
The website of Chocolate Finance (chocolatefinance.com) receives about 26K visits a month.
- Monthly visits26K
▲ 44% vs previous month
Websites whose visitors overlap most with Chocolate Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fintechnews.sg | 100% | 113.3K | #396,933 | View details | |
| dealstreetasia.com | 92% | 147K | #319,694 | View details | |
| seedly.sg | 92% | 431.8K | #165,340 | View details | |
| sethisfy.com | 84% | #327,891 | View details | ||
| technode.global | 82% | 97.2K | #441,550 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Chocolate Finance
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Chocolate Finance
Complete news archive for Chocolate Finance
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Frequently Asked Questions about Chocolate Finance
Chocolate Finance was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Chocolate Finance is headquartered in Singapore, Singapore.
Walter De Oude is the CEO of Chocolate Finance, as recorded in our data. They have also founded this company.
Chocolate Finance is a funded company, having raised a total of $34M across 2 funding rounds to date. The company's 1st funding round was a Series A of $19M, raised on Aug 2022.
Chocolate Finance is managed as a non-bank asset management platform focused on delivering returns on spare cash. Services are provided in the financial sector, targeting individual savings with tiered returns based on deposit amounts. Solutions include daily returns, instant withdrawals, and secure custody of funds through regulated institutions. Operations are extended across regions like Singapore, Hong Kong, Japan, and the UAE, with a focus on user-friendly fintech applications.
Chocolate Finance's top competitors include Hong Leong Finance, Finaxar and Carabao Capital.
Chocolate Finance offers Chocolate Managed Account, Chocolate Visa Debit Card, and USD Account.
Chocolate Finance has 10 investors. Key investors include Credit Saison India, Orion Advisor Solutions, Prosus, Peak XV Partners, and Global Founders Capital.
Chocolate Finance operates through Chocfin Pte Ltd.