Helicap Closes Largest Credit Facility Yet with Xendit’s XenCapital: USD$50 Million to Empower Southeast Asian Businesses, Business News
Business new tamfitronics /PRNewswire/ -- Helicap, a leading fintech platform provider specialising in emerging markets, is proud to announce the successful facilitation of a credit facility with XenCapital, the lending arm of Xendit, a fintech unicorn with operations across Southeast Asia and which has raised US$515million in venture capital funding. Digital lending has been the most active Southeast Asian fintech subsector in 2023, seeing growth in 2024 and projected to grow another 33% in 2025 .XenCapital has demonstrated its merchants in the lending space, having disbursed over USD$700 million in loans to businesses across Southeast Asia since its inception in 2021. Its success underscores its robust...
