hoolah

Singapore, Singapore Founded: 2017 • Age: 9 yrs Acquired By ShopBack
Online purchases on e-commerce sites are financed through monthly EMIs.
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About hoolah

hoolah is a company based in Singapore (Singapore) founded in 2017 by Arvin Singh was acquired by ShopBack in November 2021.. hoolah operates in a competitive market with competitors including Klarna, Akulaku, Atome, Kredivo and Optty, among others.

  • Headquarter Singapore, Singapore
  • Founders Arvin Singh
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hoolah Holdings Pte. Ltd
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $1.8 M (USD)
    -19
    as on Mar 31, 2022
  • Net Profit
    $-4 M (USD)
    -1
    as on Mar 31, 2022
  • EBITDA
    $-4.34 M (USD)
    -32
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
    ShopBack

    & 7 more

  • Employee Count
    Employee Count
  • Acquired by
    ShopBack

    (Nov 02, 2021)

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Funding Insights of hoolah

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Series A - hoolah Valuation Allectus Capital
Oct, 2018 Amount Seed - hoolah Valuation AccelerAsia , Aletra Capital Partners
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

Investors in hoolah

hoolah has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ShopBack, Genting Group and AccelerAsia. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early to late stage tech investments in Australia are targeted.
Founded Year Domain Location
Tech and life Science focused early stage VC firm investing in the US
Founded Year Domain Location
Early & Expansion stage tech-focused VC firm investing in Southeast Asia & the Middle East
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by hoolah

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 - hoolah

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

Hoolah Comparisons

Employees
+
Add Comparison
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Competitors of hoolah

hoolah 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 Klarna, Akulaku, Atome, Kredivo and Optty, 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
Point-of-sale financing is facilitated through an online platform for purchases.
domain founded_year HQ Location
Point-of-sale financing is provided for various consumer products via installments.
domain founded_year HQ Location
Multi-category products are financed through an online marketplace platform.
domain founded_year HQ Location
App-based platform for purchase financing and instalment payments is provided.
domain founded_year HQ Location
Point-of-sale financing software is offered to businesses via cloud APIs.
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 Hoolah

Frequently Asked Questions about hoolah

When was hoolah founded?

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

Where is hoolah located?

hoolah is headquartered in Singapore, Singapore.

Who is the current CEO of hoolah?

Arvin Singh is the current CEO of hoolah. They have also founded this company.

What is the annual revenue of hoolah?

Annual revenue of hoolah is $1.8M as on Mar 31, 2022.

What does hoolah do?

Hoolah was founded in 2017 in Singapore as a fintech platform for online purchase financing. Users are enabled to select items from e-commerce websites and apply for loans by submitting basic details. Approvals are granted based on eligibility, after which the first installment is required for shipment. Monthly equated monthly installments (EMIs) are used to settle the remaining balance, supporting consumer financing in the digital retail sector.

Who are the top competitors of hoolah?

hoolah's top competitors include Klarna, Akulaku and Kredivo.

Who are hoolah's investors?

hoolah has 8 investors. Key investors include ShopBack, Genting Group, AccelerAsia, Allectus Capital, and IGlobe Partners.

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