Pilon
Pilon is a Singapore-based B2B2X supply chain financing platform that enables banks and enterprises across Southeast Asia to deliver embedded financing — including reverse factoring, distributor financing, retailer BNPL, and green financing — through API-ready, cloud-based infrastructure distributed via 10 banking partners.
- Company typePrivate
- Founded2020
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Pilon does
Pilon Pte Ltd is a Singapore-headquartered fintech founded in January 2020 by Eddie Lee and Alex Chua that operates a B2B2X supply chain financing platform serving banks and enterprises across Southeast Asia. The company distributes its platform primarily through banking partners (10 across ASEAN as of January 2025, including Robinsons Bank, Alon Capital, and Banco San Vicente in the Philippines), which white-label or embed the technology to offer supply chain financing products to their corporate clients; Pilon also engages large enterprises and conglomerates directly. The product suite comprises five financing modules — Reverse Supply Chain Financing (payables), Distributor Financing (receivables), Retailer Financing (BNPL), Purchase Order Financing, and Green Financing — supported by cloud-based, API-ready, ERP-agnostic infrastructure that the company markets as deployable within four weeks.
The technology stack includes integration with the XRP Ledger (XRPL) and RLUSD stablecoin (completed via the Tenity/Ripple XRPL Program Cohort 7 in November 2025) for institutional-grade transparency and traceability, and a generative AI assistant named Pepper that provides 24/7 conversational support, automated invoice selection, and agentic financing task execution. The company monetizes through platform/transaction fees, SaaS subscriptions, and banking-partner licensing arrangements, with quote-based pricing and multi-year contracts. Pilon employs 11–50 people and operates from offices in Singapore (headquarters), Ho Chi Minh City (Vietnam), and Makati (Philippines), with stated expansion intent into Thailand, Indonesia, and Cambodia.
The company has raised approximately USD 5.2 million in a January 2023 seed round (debt and equity) led by Wavemaker Partners with participation from Octava and Polaris Kin, plus undisclosed follow-on funding from Kaya Founders in June 2023. Leadership combines repeat-founder credibility (Eddie's prior P2P lending platform funded over USD 2 billion since 2017 under MAS licensing) with institutional finance pedigree (Alex's JP Morgan background) and includes recognition such as EY Entrepreneur of the Year 2021 and Singapore Business Awards Enterprise Award 2023. The company has not undergone any acquisition, merger, or IPO and remains independently operated by its co-founders.
Pilon firmographics
Firmographics- Name
- Pilon
- Legal name
- Pilon Pte Ltd
- Website
- https://pilon.sg
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Pilon is a Singapore-based B2B2X supply chain financing platform that enables banks and enterprises across Southeast Asia to deliver embedded financing — including reverse factoring, distributor financing, retailer BNPL, and green financing — through API-ready, cloud-based infrastructure distributed via 10 banking partners.
- Ownership category
- akta.pro rank
Pilon industry classification
Industry- Product category
- Supply Chain Financing Software
- NAICS
- Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Marketplace / Multi-Lender POS Financing Aggregators (FSAGAIAJ)
Keywords
Where Pilon is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Pilon business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Supply Chain Financing Platform Fees: Pilon provides a technology platform that enables banks and enterprises to offer supply chain financing. Revenue is generated through platform fees, transaction fees, or licensing arrangements with banking partners and enterprise clients. The platform supports both third-party funded programs and self-funded (discounting) programs.
- Banking Partner Platform Licensing: Banks pay for access to Pilon's supply chain financing platform to offer to their corporate clients, generating recurring platform or licensing revenue.
- Enterprise Software/SaaS: Enterprises subscribe to or pay for access to Pilon's financing solutions for managing reverse supply chain financing, distributor financing, and retailer financing programs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise tier for large buyers and suppliers with full supply chain financing capabilities |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Pilon product offering
Product offeringCore offering
Pilon provides a cloud-based, API-ready supply chain financing platform that partners with banks and financial institutions across Southeast Asia to deliver embedded financing solutions to enterprise buyers, suppliers, distributors, and retailers. The platform operates a multi-module architecture spanning Reverse Supply Chain Financing (payables), Distributor Financing (receivables), Retailer Financing (BNPL), Purchase Order Financing, and Green Financing programs, supplemented by the Pepper generative AI assistant and XRPL blockchain integration. Banks white-label or embed the platform to launch supply chain financing products within 4 weeks, while enterprises connect via plug-and-play APIs to existing ERP systems.
Product overview
Pilon is a B2B2X supply chain financing platform that partners with banks and financial institutions across Southeast Asia to deliver embedded financing solutions to enterprise buyers, suppliers, distributors, and retailers. The platform operates on a multi-module architecture comprising Reverse Supply Chain Financing (payables), Distributor Financing (receivables), Retailer Financing (BNPL), Purchase Order Financing, and Green Financing programs—all powered by a cloud-based, API-ready digital-native infrastructure. The company also offers an AI assistant called Pepper for automated financing tasks and has integrated blockchain technology via XRP Ledger. Pilon functions as both a technology provider (SaaS/API platform for banks) and a financing enabler, generating revenue through transaction fees, SaaS subscriptions, and financing interest.
Differentiator
Problem solved
Functional benefit
Products and services
- Reverse Supply Chain Financing
- Distributor Financing
- Retailer Financing
- Green Financing
- Purchase Order Financing
- Banking Partner Platform
Quantifiable outcome
- Product rollout in 4 weeks for banking partners
- +3 more outcomes
Companies that use Pilon
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Pilon technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature5 records
Pilon partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered strategic, core and minor.
- Tenity and RipplestrategicPilon completed the XRPL Program by Tenity and Ripple, one of 14 companies selected globally for Cohort 7. Integrated XRP Ledger blockchain technology into supply chain financing infrastructure for institutional-grade security and compliance.
- Banco San VincentecoreRenowned rural bank in the Philippines partnering with Pilon to bring digital-native supply chain financing to large and medium enterprises. Pilon's 10th banking partner in ASEAN, strengthening presence in the Philippines.
- Alon CapitalcorePhilippines-based Alon Capital partnered with Pilon to bring innovative, digital-native corporate banking solutions to Filipino businesses. Pilon had already transformed financial operations of three major banks in the Philippines.
- Robinsons BankcorePilon's fintech partner providing supply chain financing to suppliers of the Gokongwei Group conglomerate. Robinsons Bank won a performance award at JG Summit Holding for their supply chain financing initiatives powered by Pilon.
- AppWorksminorMember of AppWorks ecosystem, a prominent startup accelerator and venture fund in Asia
- XRP Ledger (XRPL)strategicPilon is a member of the XRP Ledger ecosystem, utilizing blockchain technology for supply chain financing with RLUSD stablecoin integration
Scale indicators6 records
Recent moves7 records
Expansion highlights7 records
Pilon competitors and assessment
Company assessmentDirect peers
- Taulia: Taulia is a leading supply chain financing platform (acquired by SAP) that enables buyers and suppliers to optimize working capital. Like Pilon, it provides invoice financing, dynamic discounting, and supply chain finance programs integrated into ERP systems.
- C2FO: C2FO operates a global working capital marketplace connecting businesses with a network of funding partners for early payment and dynamic discounting. Comparable to Pilon's marketplace model aggregating multiple bank lenders for receivables and payables financing.
- PrimeRevenue: PrimeRevenue is a global supply chain finance platform that partners with banks to provide financing programs for buyers and suppliers. Directly comparable to Pilon's bank-embedded, multi-product supply chain financing approach.
- Funding Societies: Funding Societies is a Southeast Asia-based digital financing platform providing SME working capital loans across Singapore, Malaysia, Indonesia, Thailand, and Vietnam. Operates in the same SEA fintech lending category as Pilon with comparable target segments.
- Validus: Validus is a Singapore-headquartered SME financing platform operating across Southeast Asia, providing invoice financing and working capital solutions. Comparable to Pilon's focus on supply chain and SME financing in the same geographic markets.
- Orbian: Orbian operates a supply chain finance platform that connects corporate buyers, suppliers, and financing partners through a technology-enabled network. Comparable model to Pilon's multi-lender platform approach for supply chain financing.
Regional players
- Kredivo: Kredivo is a leading Indonesia-based BNPL and digital credit platform operating across Southeast Asia. Comparable to Pilon's retailer financing (BNPL) component though focused more on consumer rather than B2B supply chain financing.
- Atome: Atome is a Southeast Asian BNPL platform operating across Singapore, Malaysia, Indonesia, Philippines, Vietnam, and Thailand. Operates in overlapping Southeast Asia geographies with comparable BNPL product offering to Pilon's retailer financing.
- Liquid Group: Liquid Group is a Singapore-based QR payment and digital financing network operating across Southeast Asia, partnering with banks and financial institutions. Comparable regional focus and bank-embedded distribution model to Pilon.
Broad incumbents
- HSBC Trade and Supply Chain Finance: HSBC's Global Trade and Receivables Finance division is a leading incumbent provider of supply chain financing globally, including in ASEAN. Represents the established bank incumbent against which Pilon's bank-partner-embedded platform competes and complements.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Pilon social profiles
Digital presencePilon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pilon leadership team
Management profileNumber of profiles
Profiles3 records
Pilon funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pilon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pilon
What does Pilon do?
Pilon provides a cloud-based, API-ready supply chain financing platform that partners with banks and financial institutions across Southeast Asia to deliver embedded financing solutions to enterprise buyers, suppliers, distributors, and retailers. The platform operates a multi-module architecture spanning Reverse Supply Chain Financing (payables), Distributor Financing (receivables), Retailer Financing (BNPL), Purchase Order Financing, and Green Financing programs, supplemented by the Pepper generative AI assistant and XRPL blockchain integration. Banks white-label or embed the platform to launch supply chain financing products within 4 weeks, while enterprises connect via plug-and-play APIs to existing ERP systems.
Is Pilon a public or private company?
Pilon is a private company. It is classified as venture growth investor backed and is currently operating.
When was Pilon founded?
Pilon was founded in 2020. It employs 11 to 50 people.
Where is Pilon based?
Pilon is headquartered in Singapore, Singapore, in the Asia region.
How does Pilon make money?
Three revenue lines are on record. Supply Chain Financing Platform Fees are the primary driver. The others are banking Partner Platform Licensing and enterprise Software/SaaS.
Who are Pilon's main competitors?
Direct peers on record are Taulia, C2FO, PrimeRevenue, Funding Societies, Validus and Orbian. Regional players are Kredivo, Atome and Liquid Group. HSBC Trade and Supply Chain Finance is listed as a broad incumbent.
Does Pilon have an API?
Yes. Pilon offers API-ready digital systems for integration with enterprise ERP systems and core banking systems. The platform features ready APIs enabling a 'Plug and Play' setup experience. Banks can integrate with their core banking systems via the API infrastructure to launch supply chain financing products within 4 weeks. A Developer API Login page exists at /developer-api-login/ for partner access.
What industry is Pilon in?
Pilon's product category is Supply Chain Financing Software. Its primary akta.pro industry code is FSAGAIAJ, Marketplace / Multi-Lender POS Financing Aggregators. Its NAICS code is 52222 and its SIC code is 6153.