Helicap Raises US$5m To Widen Reach Of Its Private Investment Platform Across Southeast Asia

By Chong Jinn Xiung

The strategic funding round was led by international alternative asset management group Tikehau Capital and investment and wealth management company PhillipCapital

Tatler Asia
Phillip Private Equity executive director Grace Tang, Helicap co-founder and CIO Quentin Vanoekel, Tikehau Capital global co-chief investment officer Jean-Baptiste Feat and Helicap co-founder and group chief executive officer David Z Wang (Photo: Helicap)
Cover  Phillip Private Equity executive director Grace Tang, Helicap co-founder chief investment officer Quentin Vanoekel, Tikehau Capital global co-chief investment officer Jean-Baptiste Feat and Helicap co-founder and group chief executive officer David Z Wang (Photo: Helicap)

Fintech company Helicap has raised US$5 million through a strategic funding round led by two global asset managers, Tikehau Capital and PhillipCapital. The new capital will enable it to achieve its goal of democratising financial access to millions of underbanked micro, small and medium enterprises in private markets across Southeast Asia.

On the latest raise, Helicap group CEO David Z Wang says, “Over the coming months, we will be expanding our suite of data-driven products and services to establish Helicap as the go-to private financing arranger in SEA. We will continue to democratise access to private investments through a data-driven fintech investment platform that prioritises risk management.”

Under the deal, Jean-Baptiste Feat, global co-chief investment officer of Tikehau Capital, and Grace Tang, executive director at Phillip Private Equity, will join Helicap's advisory team. 

Co-founded by Wang in 2018, Helicap is one of the first fintech private investment platforms to specialise in Southeast Asia's alternative lending space. The company has managed US$150 million in volume in over 300 completed deals and uses a proprietary technology that it says can process millions of loan data points to evaluate the creditworthiness of more than 500 digital lenders and businesses across Southeast Asia and Oceania.

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