FintruX

Singapore, Singapore Founded: 2017 • Age: 9 yrs
Blockchain-based P2P lending marketplace connects borrowers and lenders.
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About FintruX

FintruX is a company based in Singapore (Singapore) founded in 2017 by Nelson Lin and Conrad Lin.. FintruX offers products and services including TruX Platform and Staked Finance 2. FintruX operates in a competitive market with competitors including Contour, Trade Finance Market, JEDTrade and TradeFinex, among others.

  • Headquarter Singapore, Singapore
  • Founders Nelson Lin, Conrad Lin
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fintrux Pte. Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $25 M (USD), Token Sale

    Mar 26, 2018

  • Investors
  • Employee Count
    Employee Count
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Products & Services of FintruX

FintruX offers a comprehensive portfolio of products and services, including TruX Platform and Staked Finance 2. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Blockchain-based platform for secure business loans and credit enhancement.

Tool for solo Ethereum staking to achieve asset growth and compliance.

People of FintruX
Headcount 1-10
Employee Profiles 5
Board Members and Advisors 7
Employee Profiles
People
Marc Frohman
Legal Counsel, USA
People
Nelson Lin
CEO & Founder
People
Gary Ng
CTO
People
Douglas Thiessen
Blockchain Developer

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Board Members and Advisors
people
Jure Soklic
Banking Advisor
people
Moe Danis
Advisor
people
Binh Vu
Legal Advisor
people
Brinden Anandakumar
Advisor

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Funding Insights of FintruX

  • Total Funding
  • Total Rounds 1
  • Last Round Token Sale — $25.0M
  • First Round

    (26 Mar 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Token Sale - FintruX Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by FintruX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FintruX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fintrux Comparisons

Employees
+
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Competitors of FintruX

FintruX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Contour, Trade Finance Market, JEDTrade and TradeFinex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Trade-related activities are managed via a blockchain network.
domain founded_year HQ Location
Liquidity is provided to SMEs for global trade finance.
domain founded_year HQ Location
Unpaid invoices are financed via a digital trade marketplace platform.
domain founded_year HQ Location
Blockchain platform for trade finance asset management, distribution, and digitization tools.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fintrux

Frequently Asked Questions about FintruX

When was FintruX founded?

FintruX was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is FintruX located?

FintruX is headquartered in Singapore, Singapore.

Who is the current CEO of FintruX?

Nelson Lin is the current CEO of FintruX. They have also founded this company.

What does FintruX do?

FintruX was established in 2017 in Singapore within the fintech sector. An online marketplace powered by blockchain is operated to link borrowers, lenders, and servicing agents. Unsecured loans are extended to borrowers at reduced interest rates, with creditworthiness assessments performed to limit default occurrences. The platform functions primarily in the peer-to-peer lending domain, emphasizing risk mitigation through integrated verification processes.

Who are the top competitors of FintruX?

FintruX's top competitors include Contour, Trade Finance Market and JEDTrade.

What products or services does FintruX offer?

FintruX offers TruX Platform and Staked Finance 2.

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