Helicap

The company was founded in January 2018 in Singapore by David Z Wang, Quentin Vanoekal and Jeremy Tan.[1] In May 2018, Helicap raised US$1.5 million in a seed funding round led by Teo Ser Luck, the former Minister of State for Manpower.[2][3][4] Other investors included Lim How Teck, Samuel Rhee, and Sam Phoen.[5] At the same time, the company started cooperation with Singaporean data company Nufin Data, which is a subsidiary of Jing King Tech.[6] In September, Helicap raised US$5 million in a Pre-Series A round led by East Ventures and Soilbuild Group Holdings.[7]

In August 2019, Helicap acquired securities firm Arcor Capital.[8]

In April 2020, Helicap raised US$10 million in a Series A funding.[9][10] In October 2021, the company was one of the participants in the debt financing of the Funding Societies platform.[11] In the next month, Helicap was one of the backers pre-series A round of the startup Moduit.[12]

In January 2022, the company provided $15 million in debt to the startup ErudiFi.[13][14] In June of the same year, Helicap provided $15 million to the technology social enterprise iCare Benefits.[15] In the same month, Helicap raised US$5 million in a strategic funding round led by Tikehau Capital and PhillipCapital.[16][17] In September, the company also provided 20 million US dollars to the Philippines startup Billease.[18][19]