Boost Capital

Company

Investment-firm

Last deal

$2.5M

Amount

Seed

Stage

15.08.2023

Date

4

all rounds

$3.9M

Total amount

General

About Company
Boost Capital provides micro-loans through smartphones, making banking cheaper and easier for underbanked populations in Southeast Asia.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Boost

founded date

01.04.2019

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Boost Capital's Platform allows for digital onboarding of loan applications, resulting in a service that is 100 times faster than traditional microlenders, with clients paying 25% less for loans. In Cambodia, Boost Platform has enabled chats with over 200,000 customers and has facilitated over $2.5 million in loans with repayment rates comparable to traditional in-person micro-lending. The company's innovative use of technology offers microfinancing and financial education on consumer-friendly, sustainable terms.
Contacts

location

Phone number

Social url