Fintech investment platform Helicap announced that it has raised US$5 million in a funding round from global asset managers Tikehau Capital and PhillipCapital.
Jean-Baptiste Feat, Global Co-CIO of Tikehau Capital and Grace Tang, Executive Director at Phillip Private Equity, will join Helicap’s advisory team, lending their expertise and network to Helicap’s founders and the broader team.
Helicap said that the new capital will enable it as a group to “democratise access to private markets and becoming the dominant digital private investment platform in Southeast Asia”.
The company provides curated access into the private placements space in Southeast Asia while financially enabling underbanked individuals and enterprises across the region.
Helicap’s flagship private debt fund recently raised US$10 million from a regional bank-backed asset management firm which is looking at doubling its commitment to Helicap’s fund product.
David Z Wang, CEO of Helicap said,
“At Helicap, our vision has always been to provide liquidity to alternative lenders with the mission of enabling financial access for millions of underbanked MSMEs. 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.”
“We recognise that risk management is of the utmost importance with every investment we make. With our tried and tested technology, we can make swift yet informed decisions on where to deploy our investments and the terms of these placements.
Against the backdrop of challenging global market conditions, the investment from Tikehau Capital and PhillipCapital is a testimony to Helicap’s institutional-grade execution capabilities and a mandate to capture the growth prospects of private investment opportunities in the region.”
said Quentin Vanoekel, CIO of Helicap Investments and Co-founder at Helicap.