Incomlend

Singapore, Singapore Founded: 2016 • Age: 10 yrs
Online marketplace for invoice financing
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About Incomlend

Incomlend is a company based in Singapore (Singapore) founded in 2016 by Dmitri Kouchnirenko and Morgan Terigi.. Incomlend has raised $21 million across 5 funding rounds from investors including CMA CGM, Peak XV Partners and Fasanara. Incomlend has completed 1 acquisition, including LC LITE. Incomlend offers products and services including Invoice Financing Platform and Working Capital Solutions. Incomlend operates in a competitive market with competitors including Taulia, RootAnt, Pilon, Culum Capital and Vesl, among others.

  • Headquarter Singapore, Singapore
  • Founders Dmitri Kouchnirenko, Morgan Terigi
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21 M (USD)

    in 5 rounds

  • Latest Funding Round
    $60 M (USD), Debt – Conventional

    Oct 05, 2021

  • Investors
    CMA CGM

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Incomlend

Incomlend offers a comprehensive portfolio of products and services, including Invoice Financing Platform and Working Capital Solutions. 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

Platform for quick invoice conversion to cash for SMEs

Services to stabilize supply chains for exporters and importers

People of Incomlend
Headcount 50-200
Employee Profiles 21
Employee Profiles
People
Gaurav Sati
Team Manager
People
Morgan Terigi
Co-founder and CEO
People
Jeaniffer Ines
Head of Human Resources
People
Sourav Kundu
General Counsel

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Funding Insights of Incomlend

Incomlend has successfully raised a total of $21M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $60 million completed in October 2021. 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
  • Total Rounds 5
  • Last Round Debt – Conventional — $60.0M
  • First Round

    (01 Jul 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Debt – Conventional - Incomlend Valuation

investors

Aug, 2020 Amount Series A - Incomlend Valuation Peak XV Partners
Dec, 2019 Amount Series A - Incomlend 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

Investors in Incomlend

Incomlend has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include CMA CGM, Peak XV Partners and Fasanara. 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
Investor Description Founded Year Domain Location
Venture capital firm investing in startups and providing support programs.
Founded Year Domain Location
An investment management firm specializing in diversified funds and portfolios.
Founded Year Domain Location
Provider of maritime transportation services
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 Incomlend

Incomlend has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LC LITE. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Supply chain solution and service provider
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Incomlend

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

Incomlend Comparisons

Employees
+
Add Comparison
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Competitors of Incomlend

Incomlend 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 Taulia, RootAnt, Pilon, Culum Capital and Vesl, 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
AI-based electronic invoicing and supply chain management solution for businesses
domain founded_year HQ Location
SaaS-based investment platform is offered for financial institutions.
domain founded_year HQ Location
Provider of supply chain financing solutions for multinational corporations
domain founded_year HQ Location
Supply chain financing is provided to SMEs via investor platforms.
domain founded_year HQ Location
Trade credit insurance is offered to SMEs for invoice financing.
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 Incomlend

Frequently Asked Questions about Incomlend

When was Incomlend founded?

Incomlend was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Incomlend located?

Incomlend is headquartered in Singapore, Singapore.

Who is the current CEO of Incomlend?

Morgan Terigi is the current CEO of Incomlend. They have also founded this company.

Is Incomlend a funded company?

Incomlend is a funded company, having raised a total of $21M across 5 funding rounds to date.

What does Incomlend do?

Founded in 2016 in Singapore, Incomlend operates as a fintech platform in the invoice financing sector. SMEs are connected with investor communities through a secure, technology-driven exchange where individual invoices can be bought and sold. Operations focus on facilitating efficient financing for small businesses across Asia. In recent developments, the Incomlend ESG Invoice Financing Programme has been introduced, enabling matches between sustainable SMEs and socially responsible investors.

Who are the top competitors of Incomlend?

Incomlend's top competitors include Taulia, RootAnt and Pilon.

What products or services does Incomlend offer?

Incomlend offers Invoice Financing Platform and Working Capital Solutions.

How many acquisitions has Incomlend made?

Incomlend has made 1 acquisition, including LC LITE.

Who are Incomlend's investors?

Incomlend has 4 investors. Key investors include CMA CGM, Peak XV Partners, Fasanara, and GTR Ventures.

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