Helicap
Helicap is a Singapore-based fintech founded in 2018 that operates a private credit investment platform connecting global accredited and institutional investors to curated Southeast Asian alternative lending opportunities, supported by a proprietary credit analytics engine and MAS-regulated fund management and securities subsidiaries.
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Helicap does
Helicap is a Singapore-headquartered fintech founded in 2018 that operates an Asia private credit investment platform connecting global accredited and institutional investors to curated Southeast Asian private debt opportunities. The company operates through two MAS-regulated subsidiaries: Helicap Investments Pte Ltd, a registered fund management company authorized to manage up to SGD 250 million in AUM for 30 accredited investors, and Helicap Securities Pte Ltd, which holds a Capital Markets Services license (acquired via the 2019 Arcor Capital acquisition) and operates the funding platform that matches companies seeking capital with prospective investors. The company has built a proprietary credit analytics engine that processes millions of loan data points from more than 1,000 originator platforms to evaluate the creditworthiness of 500+ digital lenders and businesses across nine Southeast Asian countries plus Japan, with a reported zero default rate across the portfolio and 8-15% p.a. historical returns.
Helicap's product surface spans the flagship Income Opportunities Fund (an open-ended Asian private credit fund), the Helicap Flagship Credit Fund, deal-by-deal senior secured debt and equity placements on the investor.helicap.com platform, and a recently incubated tokenization platform (Helix) extending the credit thesis to Latin American markets. Revenue is generated through a mix of recurring fund management fees on managed vehicles, transaction-based platform facilitation fees on individual placements, and co-origination and syndication fees earned alongside distribution partners.
The business is supported by an institutional investor and partner base including Tikehau Capital, PhillipCapital, Saison Capital (Credit Saison), Kenanga Investment Bank, East Ventures, GMO Payment Gateway, Bank Danamon, and Crowd Credit Japan, with regional partner offices in Kuala Lumpur, Paris, and Dubai. Since inception, Helicap reports having facilitated more than 600 deals and US$370-500M+ in cumulative transactions, and has strategically expanded into Indonesia (Bank Danamon, ex-Muamalat chairman) and Japan (Crowd Credit, GMO PG) as priority growth corridors.
Helicap firmographics
Firmographics- Name
- Helicap
- Legal name
- Helicap Pte. Ltd.
- Website
- https://helicap.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Helicap is a Singapore-based fintech founded in 2018 that operates a private credit investment platform connecting global accredited and institutional investors to curated Southeast Asian alternative lending opportunities, supported by a proprietary credit analytics engine and MAS-regulated fund management and securities subsidiaries.
- Ownership category
- akta.pro rank
Helicap industry classification
Industry- Product category
- Private Credit Investment Platform
- NAICS
- Credit Intermediation and Related Activities (522), Mortgage and Nonmortgage Loan Brokers (52231), Open-End Investment Funds (525910)
- SIC
- Loan Brokers (6163), Personal Credit Institutions (6141)
- akta.pro primary industry
- Private Credit / Direct Lending (FSAAAHAG)
Keywords
Where Helicap is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices4 records
Markets served
Helicap business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Fund Management Fees: Helicap, through its regulated subsidiary Helicap Investments Pte Ltd (registered with MAS), manages private credit funds and earns management fees from investors. The flagship credit fund is an open-ended Asian private credit fund feeding into the Helicap Income Opportunities Fund.
- Platform Facilitation Fees: Helicap Securities Pte Ltd operates the funding platform as a matching service connecting Companies seeking funds with Investors. The platform facilitates fundraising rounds and earns fees from listing and structuring private placement opportunities.
- Co-origination and Syndication Revenue: Revenue generated from deal co-origination and syndication efforts through partnerships with Kenanga Group and other regional financial institutions, facilitating cross-border private credit transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Minimum ticket sizes for debt instruments typically USD 200,000 or SGD 200,000 |
| Unit Pricing | Pay-as-you-go | Equity investments typically require SGD 100,000 minimum ticket |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Helicap product offering
Product offeringCore offering
Helicap operates an Asia Private Credit Investment Platform that connects global accredited and institutional investors to curated private debt opportunities across Southeast Asia, including senior secured debt facilities, equity placements, and managed private credit funds. Its regulated subsidiaries provide fund management, securities dealing, and a deal facilitation platform that matches companies seeking capital with investors, supported by a proprietary credit analytics engine that processes millions of loan data points to evaluate digital lenders and businesses.
Product overview
Helicap operates as an Asia Private Credit Investment Platform comprising multiple integrated products: the core Helicap Investment Platform connecting global institutional and accredited investors to Southeast Asian private debt opportunities; flagship fund products (Income Opportunities Fund and Flagship Credit Fund) managed by regulated subsidiary Helicap Investments Pte Ltd; and a proprietary credit analytics technology that processes millions of loan data points to evaluate creditworthiness. The platform facilitates introductions between borrowers and investors, provides credit analytics access to partners, and enables deal co-origination and syndication across the region.
Differentiator
Problem solved
Functional benefit
Products and services
- Helicap Investment Platform Core Asia Private Credit Investment Platform that connects global accredited and institutional investors to curated private debt opportunities across Southeast Asia. Investors register and complete accreditation verification on the platform to access senior secured debt facilities, growth equity placements, and private credit funds, with real-time portfolio monitoring tools.
- Helicap Income Opportunities Fund Open-ended Asian private credit fund managed by Helicap Investments Pte Ltd, the MAS-registered fund management subsidiary. Provides accredited and institutional investors with stable, recurring returns through investments in financial companies leveraging Helicap's unique credit screening systems and enhanced loan structures. Distributed in Malaysia via the Kenanga Alternative Series: Income Opportunities Fund.
- Helicap Flagship Credit Fund Primary credit fund managed by Helicap Investments Pte Ltd offering investors access to Southeast Asia private credit opportunities. The fund is a regulated product that has attracted institutional capital, including a US$3 million investment from GMO Payment Gateway's Singapore subsidiary in October 2024.
- Helicap Securities Funding Platform Funding and matching platform operated by Helicap Securities Pte Ltd that connects companies seeking capital with investors. Operates as a matching service facilitating private placement fundraising rounds and earning fees for listing and structuring opportunities. Carries the Capital Markets Services license from MAS inherited via the Arcor Capital acquisition.
- Helicap Private Credit Deal Facilitation (Senior Secured Debt and Equity Placements) End-to-end private credit deal facilitation service that structures and places senior secured debt facilities and equity (e.g., preference shares) for alternative lending platforms, fintechs, and SMEs in Southeast Asia. Includes co-origination and syndication revenue with regional financial institutions. Notable facilitated transactions include a US$50 million credit facility with Xendit's XenCapital and a US$15 million impact facility with iCare Benefits Group.
Quantifiable outcome
- 8-15% annual historical returns on private credit investments
- +4 more outcomes
Companies that use Helicap
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Helicap technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
Helicap partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered major and core.
- HelixmajorHelix is a Helicap-incubated Singapore-based asset tokenization platform that partnered with Brazil's AmFi Finance to launch a tokenized private-credit initiative connecting Latin America and Asia. Project aims to facilitate cross-border credit participation with Brazilian private credit market valued at ~US$2 trillion.
- Xendit / XenCapitalcoreHelicap facilitated a US$50 million credit facility with XenCapital, the lending arm of Xendit (fintech unicorn with US$515M in VC funding). This is Helicap's largest credit facility, leveraging Xendit's merchant network across Indonesia, Philippines, Malaysia and Thailand to empower Southeast Asian businesses.
- Crowd CreditcoreJapanese financial services company partnered with Helicap through MOU to expand Japanese investor access to Southeast Asian private credit opportunities. Target transaction volume of US$50 million. Crowd Credit leverages its network in Japan to introduce investors to Helicap's offerings. This is Helicap's first collaboration in Japan.
- Bank DanamoncoreStrategic partnership to empower fintech and alternative lending across Southeast Asia, expanding Helicap's reach in the Indonesian market through Bank Danamon's extensive branch network and customer base.
- Temasek TrustmajorCollaboration on Southeast Asia's first Financial Inclusion Report 'Accelerating Impact Beyond Access', developed with Centre for Impact Investing and Practices and UN Capital Development Fund. Report included contributions from 60 organizations and 6,500 customers across 5 countries.
- Arcor CapitalcoreHelicap acquired Singapore-based securities firm Arcor Capital specializing in private debt securities and growth capital for early-stage and mid-market enterprises in Asia. Arcor Capital holds a Capital Markets Services license from MAS. Co-founders Patrick Hong and Rahul Khemka retained senior management roles.
Scale indicators14 records
Recent moves6 records
Expansion highlights7 records
Helicap competitors and assessment
Company assessmentBroad incumbents
- Muzinich & Co: Global private credit and fixed income asset manager with US$40+ billion AUM across direct lending and specialty finance strategies. Comparable as a private credit fund manager competing for the same institutional investor allocation that Helicap targets.
- BlueOrchard Finance: Switzerland-based global impact investment manager specializing in emerging and frontier market private debt. Comparable to Helicap as a private credit fund manager, though at much larger scale and with a global rather than SEA-only mandate.
- Crowd Credit: Japanese cross-border fintech lending and investment platform that has partnered with Helicap to channel Japanese investors into SEA private credit. Comparable as a cross-border private credit intermediary with institutional reach in Japan.
Emerging players
- Aspire: Singapore-headquartered business finance platform serving SMEs across Southeast Asia. Comparable to Helicap on the SME financing side, though Aspire has pivoted toward broader business banking and embedded finance offerings.
- Fundnel: Southeast Asia private capital markets platform connecting growth companies with institutional and accredited investors. Comparable to Helicap's deal-platform and capital-raising functions, though Fundnel leans toward equity rather than debt.
- Lendable: Emerging-markets-focused digital lending platform operating in Africa and parts of Asia. Comparable to Helicap as a fintech private credit platform serving underbanked segments, though operating in different geographies.
Direct peers
- KoinWorks: Indonesia-focused fintech lending platform serving MSMEs and individuals with diversified credit products. Comparable to Helicap in alternative lending exposure and regional SEA focus, though more concentrated in Indonesia.
- Validus: Singapore-headquartered fintech lending platform providing working capital and growth financing to SMEs, with a retail investor platform. Closely comparable to Helicap in business model and target borrower segment across Southeast Asia.
- Funding Societies: Largest SME and consumer fintech lending marketplace in Southeast Asia, operating across Singapore, Malaysia, Indonesia, Thailand, and Vietnam. Directly comparable to Helicap as a regional fintech private credit originator and platform serving institutional and retail investors.
Regional players
- CapBay: Malaysia-based supply chain and SME financing platform offering peer-to-business lending. Comparable as a regional fintech private credit operator, though geographically narrower than Helicap's pan-SEA footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Helicap social profiles
Digital presenceHelicap compliance and trust
Trust signalCompliance2 records
Helicap financial estimates
Financial estimateRevenue estimate
Valuation estimate
Helicap leadership team
Management profileNumber of profiles
Profiles5 records
Helicap subsidiaries and ownership
Company hierarchySubsidiaries3 records
Helicap funding detail
Funding detailFunding overview
Funding rounds6 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Helicap M&A and investment
M&A and investmentM&A1 record
Investments12 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Helicap
What does Helicap do?
Helicap operates an Asia Private Credit Investment Platform that connects global accredited and institutional investors to curated private debt opportunities across Southeast Asia, including senior secured debt facilities, equity placements, and managed private credit funds. Its regulated subsidiaries provide fund management, securities dealing, and a deal facilitation platform that matches companies seeking capital with investors, supported by a proprietary credit analytics engine that processes millions of loan data points to evaluate digital lenders and businesses.
Is Helicap a public or private company?
Helicap is a private company. It is classified as venture growth investor backed and is currently operating.
When was Helicap founded?
Helicap was founded in 2018. It employs 11 to 50 people.
Where is Helicap based?
Helicap is headquartered in Singapore, Singapore, in the Asia region.
How does Helicap make money?
Three revenue lines are on record. Fund Management Fees are the primary driver. The others are platform Facilitation Fees and co-origination and Syndication Revenue.
Who are Helicap's main competitors?
Broad incumbents on record are Muzinich & Co, BlueOrchard Finance and Crowd Credit. Emerging players are Aspire, Fundnel and Lendable. Direct peers are KoinWorks, Validus and Funding Societies. CapBay is listed as a regional player.
Does Helicap have an API?
No public API is recorded for Helicap.
What industry is Helicap in?
Helicap's product category is Private Credit Investment Platform. Its primary akta.pro industry code is FSAAAHAG, Private Credit / Direct Lending. Its NAICS code is 522 and its SIC code is 6163.