About INFT
INFT is a company based in Singapore (Singapore) founded in 2020 by Eldwin Wong.. INFT has completed 1 acquisition, including MyCash Money. INFT offers products and services including Digital Business Account, Business Financing, Invoice Management, Global Payment, and Supply Chain Financing. INFT operates in a competitive market with competitors including EVVA Finanzas, among others.
- Headquarter Singapore, Singapore
- Founders Eldwin Wong
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Inft Singapore Pte. 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
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of INFT
INFT offers a comprehensive portfolio of products and services, including Digital Business Account, Business Financing, Invoice Management, Global Payment, and Supply Chain Financing. 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.
Platform for managing business banking and transactions securely.
Short-term loans to improve cash flow for SMEs quickly.
System to create, send, and track invoices efficiently.
Service for cross-border payments in multiple currencies.
Short-term funding to enhance supplier liquidity and cash flow.
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Funding Insights of INFT
| 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 |
Investments & Acquisitions by INFT
INFT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MyCash Money. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based remittance platform for unbanked migrant workers
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - INFT
| 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 |
Inft Comparisons
Competitors of INFT
INFT 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 EVVA Finanzas, 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 |
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| domain | founded_year | HQ Location |
Digital banking services are offered to startups and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about INFT
When was INFT founded?
INFT was founded in 2020.
Where is INFT located?
INFT is headquartered in Singapore, Singapore.
What does INFT do?
INFT was founded in 2020 in Singapore as a digital bank focused on the fintech sector. Business accounts driven by community features are provided for startups and small to medium-sized enterprises. Key services encompass virtual payment cards, bill payments, domestic and international transfers, credit lines, and expenditure tracking. The platform operates through applications available on Android and iOS devices.
Who are the top competitors of INFT?
INFT's top competitors include EVVA Finanzas.
What products or services does INFT offer?
INFT offers Digital Business Account, Business Financing, Invoice Management, Global Payment, and Supply Chain Financing.
How many acquisitions has INFT made?
INFT has made 1 acquisition, including MyCash Money.