RABC Group

What RABC Group does

RABC Group is a Singapore-headquartered B2B neobank founded in 2018, operating as a 'smart router' between SMEs, enterprises, and capital providers. The company has regional offices in China, Japan, and Indonesia, and serves customers primarily in trade, logistics, and supply chain finance, with green finance as a stated differentiator. The company previously operated as RootAnt and has rebranded to RABC Group while retaining 'banco' as its neobank brand.

The business is organized into three core units. banco is the flagship digital neobank platform offering receivables finance, supply chain finance, deep-tier supply chain finance, SME finance, and green finance, along with vendor/order management, AP/AR, trade and logistics data integration, and sustainability assessment and reporting tools. RABC Digital is a Banking-as-a-Service (BaaS) unit that provides financial institutions with a SaaS-based digital banking stack, core banking integration, and Open APIs built on a modular, microservices architecture. RABC Capital handles financial product design and origination, leveraging big data from industrial partners and AI for risk management.

RABC operates a sales-led, B2B go-to-market motion targeting SMEs and enterprises directly through digital channels, handling KYC, onboarding, and disbursement digitally. Revenue is generated through transaction fees on digital financial products and subscription-based sustainability assessment and reporting services. Notable partnerships include Bank of China for trade financing, Marketnode (SGX-Temasek digital asset venture) for digital assets, and Savills for real estate. The company has raised approximately $6.82M across multiple rounds, with a $4.5M Series A led by SBI Group in August 2022, and was the winner of the MAS Global FinTech Hackcelerator 2021 for Harnessing Technology to Power Green Finance.

Name

RABC Group

Legal name

RABC Group

Website

https://rabc.sg

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

RABC Group is a Singapore-based B2B neobank that acts as a 'smart router' between SMEs, enterprises, and capital, offering receivables, supply chain, green finance, and Banking-as-a-Service infrastructure across Singapore, China, Japan, and Indonesia.

Ownership category

akta.pro rank

Product category

Digital Neobank / SME Finance

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME/Business Neobanks (FSABAFAB)

akta.pro secondary industries

Embedded/Platform Neobanks (Banking-as-a-Feature) (FSABAFAF), SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), SME Lending & Working Capital Platforms (FSAGAJAA), SME Trade Finance & Working Capital (LCs, Guarantees, Receivables) (FSABABAF)

Keywords

• Digital neobank platform
• Supply chain finance
• Green finance solutions
• Banking-as-a-service
• SME lending

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Digital Financial Products: RABC Group generates revenue through digital financial products including receivables finance, supply chain finance, deep-tier supply chain finance, SME finance, and green finance offered to SMEs and enterprises
2. Sustainability Services: Revenue generated from sustainability assessment and reporting services for SMEs and their supply chains

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

RABC Group builds and operates a digital neobank that functions as a "Smart router" between SMEs, enterprises, and capital. It offers digital financial products including receivables finance, supply chain finance, deep-tier supply chain finance, SME finance, and green finance, alongside Banking-as-a-Service infrastructure and AI-driven risk management and sustainability assessment tools for SMEs and their value chains.

Product overview

RABC Group operates a platform-plus-modules architecture centered around building a Neobank as a 'Smart router' between SMEs, enterprises and capital. The portfolio consists of three core offerings: RABC Digital (the Fintech unit providing Digital Banking-as-a-Service infrastructure with Core Banking integration and Open APIs), banco (the Digital Neobank providing digital financial products for SMEs and enterprises including receivables, supply chain, and green finance, plus sustainability assessment tools), and RABC Capital (handling financial product design, origination, and AI-powered risk management). Together, these products enable new digital financial products, easier access, and better user experience.

Differentiator

Problem solved

Functional benefit

Products and services

• banco banco is RABC Group's Digital Neobank platform that provides SMEs and enterprises with a better user experience and access to digital financial products. It offers finance solutions including Receivables Finance, Supply Chain Finance, Deep-tier Supply Chain Finance, SME Finance, and Green Finance; management tools for Vendors & Order, Account Payables/Account Receivables, Trade and Logistics Data, and integration with enterprise systems; and sustainability tools including sustainability assessment, an analysis & benchmarking dashboard, and a sustainability report.
• RABC Digital RABC Digital is the Fintech unit of RABC Group that offers Digital Banking-as-a-Service (BaaS), providing a quick and easy leap for financial institutions to adopt digital banking technologies through a SaaS banking software model. It includes integration with Core Banking Systems to accelerate implementation speed for seamless operation at scale, and Open Banking APIs built on modular and microservices architecture for ecosystem partner integration.
• RABC Capital RABC Capital is RABC Group's financial product design and origination unit. It identifies industrial sector-based use cases to design or co-design new financial products with industrial partners, approaches SMEs and enterprises to offer financial products, and handles operations — including KYC, onboarding, and disbursement — digitally. The unit leverages big data integrated from industrial partners and public sources, combined with AI technology, to manage risk better in financial product design and origination.

Quantifiable outcome

• Winner of MAS Global FinTech Hackcelerator 2021 for Harnessing Technology to Power Green Finance

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered strategic, minor and key.

• SavillsstrategicStrategic or Co-development Partner · 1 March 2022Savills partnered with Singapore neobank banco platform for strategic collaboration in the real estate and financial services space.
• Banking and Financial Services Union (BFSU)minorGTM or Marketing Partner · 1 October 2021Co-organized webinar on 'Green Finance and Job Opportunities in Singapore' with BFSU, affiliated union of National Trades Union Congress (NTUC).
• MarketnodekeyStrategic or Co-development Partner · 1 September 2021Marketnode, an SGX and Temasek digital asset venture, announced RootAnt as key partner ahead of key product launches. This strategic partnership positions RABC Group within Singapore's digital asset ecosystem.
• Bank of China (BOC)keyStrategic or Co-development Partner · 1 January 2021RootAnt signed agreement with Bank of China to serve as trade financing platform on Singapore side, enabling traders, logistics companies, and BOC branches to exchange electronic trade documents under CCI-ILSTC for trade financing purposes.
• SME Finance Forum (IFC)minorGTM or Marketing Partner · 1 January 2021Co-organized webinar 'Greening SME Finance through a Sustainable Supply Chain' with SME Finance Forum managed by International Finance Corporation (IFC).

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Regional players

• Kredivo: Kredivo is an Indonesia-focused digital finance platform providing credit, pay-later, and personal finance products to consumers and SMEs. It is comparable to RABC's regional Southeast Asia SME finance play and shares the same cross-border expansion ambitions into Indonesia and Singapore.
• Wallex: Wallex is a Singapore-headquartered B2B cross-border payments and FX platform serving SMEs in Southeast Asia with multi-currency accounts and treasury management. It is comparable to RABC's banco proposition for cross-border SME trade and supplier payments, though focused more narrowly on FX and payments.

Broad incumbents

• Rapyd: Rapyd is a global Fintech-as-a-Service network providing payments, card issuing, and banking infrastructure via APIs across 100+ countries. It competes with RABC Digital's BaaS offering as a much larger, well-capitalized incumbent targeting banks and platforms seeking embedded finance.
• Airwallex: Airwallex is a globally scaled cross-border B2B payments and neobanking platform operating across Asia-Pacific with multi-currency accounts, corporate cards, and treasury workflows. It competes broadly with RABC's banco platform for SMEs and enterprises managing cross-border trade and supplier payments.
• Mambu: Mambu is a global cloud core banking platform used by challenger banks, neobanks, and financial institutions to build digital banking products. It is a direct competitor to the core banking integration capabilities of RABC Digital and to its SaaS banking software positioning.

Direct peers

• MatchMove: MatchMove is a Singapore-based Banking-as-a-Service provider offering digital wallets, card issuance, and embedded finance APIs to enterprises and banks across Asia. It is the closest direct comparable to RABC Digital's BaaS / Open API proposition for financial institutions and ecosystem partners.
• Aspire: Aspire is a Singapore-headquartered B2B neobank providing SMEs and enterprises with multi-currency business accounts, corporate cards, invoicing, payments and integrated financial workflows across Southeast Asia. It directly competes with RABC's banco platform for the same SME finance, receivables, and cross-border payment use cases.
• Validus: Validus is a Singapore-based SME lending and supply chain finance platform operating across Singapore, Indonesia, Vietnam, and Thailand. It is highly comparable to RABC's receivables, supply chain, and deep-tier supply chain finance offerings, serving the same SME borrower segment.
• Funding Societies: Funding Societies is the largest SME digital financing platform in Southeast Asia, offering working capital, invoice financing, and supply chain finance to SMEs in Singapore, Malaysia, Indonesia, Thailand, and Vietnam. It directly competes with RABC Capital's receivables and SME lending products in the same customer segment.

Emerging players

• Turnkey Lender: Turnkey Lender is a Singapore-origin SaaS lending automation and decisioning platform used by banks and lenders to originate SME and consumer loans. It is comparable to RABC Capital's AI-powered risk management and product origination capabilities as an emerging specialist.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RABC Group