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Jenfi surpasses $1mm in small business advances originated
Jenfi, a provider of non-dilutive revenue-based growth capital to businesses in Asia, reached its first million dollar milestone in advances originated. The company continues to target online and offline digitally enabled small businesses in Singapore. The most recent advances include an online grocer for families and a business consulting group.
Additionally, the Jenfi platform recently released a new upgrade with one-click data integrations with DBS and OCBC, two of the largest banks in Singapore. This will streamline the underwriting and onboarding process for prospective companies.
Jenfi’s business is aimed at funding marketing and growth expenses for small businesses in Asia to help them accelerate growth.