# Jenfi

**Source:** https://geo.sig.ai/brands/jenfi  
**Vertical:** Finance  
**Subcategory:** General  
**Tier:** Challenger  
**Website:** jenfi.com  
**Last Updated:** 2026-04-14

## Summary

Singapore YC W20 revenue-based financing for SEA digital businesses at $25M+ deployed to 600 companies; $37.9M total ($6.6M Monk's Hill/Headline pre-Series B May 2023) offering $10K-$1M non-dilutive capital competing with Clearco.

## Company Overview

Jenfi is a Singapore-based revenue-based financing platform — backed by Y Combinator (W20) with $37.9 million in total funding from Y Combinator, Monk's Hill Ventures, and Headline Asia, including a $6.6 million pre-Series B in May 2023 — providing Southeast Asian startups and digital businesses with $10,000-$1 million in non-dilutive growth capital tied to revenue performance, eliminating equity dilution for founders who want to fund marketing and growth without giving up ownership. Since inception, Jenfi has deployed over $25 million to approximately 600 companies whose aggregate sales exceed $150 million, serving e-commerce brands, SaaS companies, and digital-first businesses in Singapore, Vietnam, Indonesia, and the Philippines. Founded in 2019 by Justin Louie and Jeffrey Liu.

Jenfi's revenue-based financing model addresses the capital access gap for Southeast Asian digital businesses: a Singapore e-commerce brand or SaaS startup with $50,000 in monthly revenue needs growth capital for digital marketing, inventory, or product development — but bank loans require 2+ year operating history and collateral that early-stage companies lack, and VC requires giving up 20-25% equity plus board seats that many founders want to avoid. Revenue-based financing (Jenfi advances a lump sum in exchange for a fixed percentage of future revenue, with repayment automatically calibrated to revenue — no fixed monthly payment that strains cash during slow months) provides the growth capital on terms that match the company's revenue profile without dilution or debt covenants. Jenfi's API-based underwriting (connecting to e-commerce platforms, payment processors, and accounting software to assess revenue health without paper applications) processes decisions in 24-48 hours versus weeks for traditional bank loans.

In 2025, Jenfi competes in the revenue-based financing, alternative SME lending, and growth capital market with Clearco (RBF for e-commerce, $300M raised), Capchase (SaaS RBF, $400M raised), and Shopee Capital (Shopee ecosystem financing) for Southeast Asian digital business and e-commerce company growth capital adoption. Monk's Hill Ventures' investment (SEA specialist VC with deep portfolio) and Headline Asia's participation reflect conviction in SEA digital business financing. Y Combinator W20 backing connects Jenfi with the fintech and alternative lending investor community. The SGD 1.16M annual revenue (December 2022) and 600-company portfolio demonstrate traction in a market where traditional bank lending leaves digital businesses underserved. The 2025 strategy focuses on expanding to Malaysia and Thailand, building the embedded financing partnership with Shopify Southeast Asia for in-platform growth capital access, and growing the BNPL-for-B2B inventory financing for e-commerce brands.

## Frequently Asked Questions

### What is Jenfi?
Jenfi is a Singapore-based revenue-based financing (RBF) platform that provides founder-friendly growth capital to rapidly growing startups and digital businesses in Southeast Asia. Founded in 2019, the company offers non-dilutive financing tied to revenue performance, eliminating traditional equity dilution.

### What products and services does Jenfi offer?
Jenfi offers revenue-based financing, growth capital solutions, non-dilutive funding, marketing spend financing, and inventory financing. The platform provides financing ranging from $10K to $1M for eligible businesses.

### Who is Jenfi designed for?
Jenfi serves rapidly growing startups and digital businesses in Southeast Asia that need growth capital without giving up equity. The platform is ideal for companies looking for founder-friendly, non-dilutive financing options.

### When was Jenfi founded and by whom?
Jenfi was founded in 2019 by Justin Louie and Jeffrey Liu. The company was part of Y Combinator's Winter 2020 (W20) batch.

### Where is Jenfi located?
Jenfi is based in Singapore and focuses on providing financing to startups and digital businesses across Southeast Asia.

### How much funding has Jenfi raised?
Jenfi has raised $37.9M in total funding, including a $6.6M pre-Series B round in May 2023. Key investors include Y Combinator, Monk's Hill Ventures, and Headline Asia.

### What are Jenfi's key achievements and metrics?
Since inception, Jenfi has deployed over $25M to approximately 600 companies whose aggregate sales exceed $150M. As of December 2022, the company generated SGD 1.16M (approximately USD 860K) in annual revenue.

### How does Jenfi's financing approach work?
Jenfi uses a revenue-based financing model where funding is tied to revenue performance rather than equity ownership. This approach provides growth capital without diluting founders' ownership stakes in their companies.

### What is the financing range Jenfi offers?
Jenfi provides financing ranging from $10,000 to $1,000,000 to eligible startups and digital businesses. The funding amount is based on the company's revenue performance and growth potential.

### What is Jenfi's latest company news?
Jenfi's most recent funding round was a $6.6M pre-Series B in May 2023, bringing total funding to $37.9M. As of December 2022, the company reported SGD 1.16M in annual revenue and has funded 600 companies since inception.

## Tags

b2b, fintech, payment-processing, asia-pacific, scaleup

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*