About FundingHub
FundingHub is a company based in Cape Town (South Africa) founded in 2016 by Marilynn Leonard was acquired by Fincheck in August 2019.. FundingHub offers products and services including Unsecured Loan, Merchant Cash Advance, and Purchase Order Funding. FundingHub operates in a competitive market with competitors including PeuEntle, Finfind, CorpFin, We Finance Group and Credit Shop, among others.
- Headquarter Cape Town, South Africa
- Founders Marilynn Leonard
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Fundinghub (Pty) Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Finch Technologies
& 1 more
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Employee Count
Employee Count
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Acquired by
Fincheck
(Aug 26, 2019)
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Products & Services of FundingHub
FundingHub offers a comprehensive portfolio of products and services, including Unsecured Loan, Merchant Cash Advance, and Purchase Order Funding. 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.
Provides lump-sum funding without collateral for business needs.
Offers advances based on future sales for immediate business cash flow.
Funds orders from corporate or government clients to support transactions.
Funding Insights of FundingHub
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Seed - FundingHub | Valuation | Finch Technologies |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FundingHub
FundingHub has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Finch Technologies and Fincheck. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Finch Technologies offers web design, software development, mobile apps, digital marketing, and graphics services.
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Founded Year | Domain | Location | |
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Financial products comparison website
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FundingHub
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FundingHub
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fundinghub Comparisons
Competitors of FundingHub
FundingHub 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 PeuEntle, Finfind, CorpFin, We Finance Group and Credit Shop, 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 |
Business loans and credit building are offered via online marketplace.
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| domain | founded_year | HQ Location |
Businesses are connected with lenders through an online loan marketplace.
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| domain | founded_year | HQ Location |
Offers short-term asset-backed financing for business and entrepreneurial growth.
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| domain | founded_year | HQ Location |
Operates an online P2P marketplace for consumer and business loans.
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| domain | founded_year | HQ Location |
Provides a versatile platform for personal loans and debt consolidation services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fundinghub
Frequently Asked Questions about FundingHub
When was FundingHub founded?
FundingHub was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is FundingHub located?
FundingHub is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of FundingHub?
Simon Purdon is the current CEO of FundingHub.
What does FundingHub do?
Provider of a business finance marketplace connecting SMEs with lenders. It offers a streamlined application process allowing businesses to receive multiple loan offers from a network of lenders. The platform provides access to various financing options, including unsecured loans, property-backed loans, merchant cash advances, and purchase order funding. The service aims to simplify the process of securing business finance by comparing offers and facilitating faster funding. It focuses on providing access to reputable lenders and supporting the growth of small and medium-sized enterprises.
Who are the top competitors of FundingHub?
What products or services does FundingHub offer?
FundingHub offers Unsecured Loan, Merchant Cash Advance, and Purchase Order Funding.
Who are FundingHub's investors?
FundingHub has 2 investors. Key investors include Finch Technologies, and Fincheck.