Favour Capital

What Favour Capital does

Favour Capital is a Singapore-registered boutique investment bank founded in 2017 that provides capital raising and M&A advisory services to growth-stage companies in emerging Asian markets. The firm serves two primary verticals: technology (E-commerce, Logistics & Supply Chain, Fintech, AI, Enterprise Software, Healthtech, EdTech, Crypto & Blockchain, Robotics, Advanced Manufacturing, Cybersecurity) and consumer industries (Apparel, Food & Beverage, Retail, Beauty & Personal Care, Healthcare & Wellness, Consumer Electronics). Its stated objective is to help market leaders from emerging Asia expand regionally and globally through equity financing rounds and full-lifecycle M&A transactions.

The firm operates from four offices — Singapore (headquarters, Marina View/Asia Square Tower 1), Shanghai (Park Place Plaza), Jakarta (One Pacific Place, SCBD), and Ho Chi Minh City (Bitexco Financial Tower) — and monetizes through professional-services fees on capital-raising and M&A engagements, with pricing opaque and negotiated per mandate. Favour Capital's core asset is an investor network spanning Asian LPs and strategic investors across 12 markets plus global investors in the US, UK, Europe, and Oceania; this network underwrites the firm's ability to source and place financing. Supporting offerings include 'FC Insights' (research publications on AI moats, stablecoins, consumer market expansion), an 'Asia Spotlight' webinar series, and the Investment Banking Elite Program for junior talent recruitment.

Operationally, Favour Capital runs a relatively flat boutique structure (11–50 employees) led by Founding Partner Fang Ye, Eric (CEIBS MBA). Visible deal credentials include exclusive adviser on dtcpay's US$10M Series A led by Vertex Ventures SEA & India, plus mandates on Inteluck (US$34M Series C, US$15M Series B), Buymed (US$51.5M Series B), Dekoruma (US$15M Series C1), and Desty (pre-Series A). The firm derives revenue from transaction-based and retainer advisory fees; revenue, ownership, and headcount detail are not publicly disclosed.

Name

Favour Capital

Legal name

Favour Capital

Website

https://favour-capital.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Favour Capital is a Singapore-headquartered boutique investment bank founded in 2017 that provides capital raising and M&A advisory services to growth-stage technology and consumer companies across emerging Asian markets, operating from offices in Singapore, Shanghai, Jakarta, and Ho Chi Minh City.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

akta.pro secondary industries

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Capital raising advisory
• Mergers and acquisitions advisory
• Investment banking services
• Emerging market financing
• Financial advisory services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Capital Raising Advisory: Financial advisory fees for capital raising services, assisting founders during growth stage as companies scale regionally and globally. Revenue likely derives from success fees, retainer fees, or transaction-based compensation.
2. M&A Advisory: Advisory services supporting industry leaders seeking to acquire or be acquired for strategic synergies or financial objectives, managing the entire acquisition or divestiture process.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Favour Capital is a boutique investment bank headquartered in Singapore that provides capital raising advisory and M&A advisory services to growth-stage industry leaders in the tech (e.g., e-commerce, fintech, AI, enterprise software, healthtech, crypto, robotics, cybersecurity) and consumer (e.g., apparel, F&B, retail, beauty, healthcare) sectors from emerging Asian markets. The firm connects clients to its investor network spanning Asia and global markets and manages the full transaction process for cross-border scale-ups and acquisitions/divestitures.

Product overview

Favour Capital is a boutique investment bank providing two core advisory services: Capital Raising (assisting growth-stage companies with equity financing and connecting them with regional/global investors) and M&A Advisory (supporting acquisitions and divestitures). The firm covers technology sub-verticals (E-commerce, Fintech, AI, Enterprise Software, Healthtech, EdTech, Crypto & Blockchain, Robotics, Cybersecurity) and consumer industries (Apparel, Food & Beverage, Retail, Beauty & Personal Care, Healthcare & Wellness). Supporting offerings include FC Insights (research publications on market trends), and the Investment Banking Elite Program (recruitment and training initiative).

Differentiator

Problem solved

Functional benefit

Products and services

• Capital Raising Advisory Core advisory service that assists founders and growth-stage companies in emerging Asian markets with capital raising as they scale regionally and globally, connecting them to Favour Capital's investor network spanning Asia and global markets.
• Merger & Acquisitions Advisory Core advisory service that supports industry leaders in emerging Asian markets seeking to acquire or be acquired for strategic synergies or financial objectives, with Favour Capital managing the entire acquisition or divestiture process end-to-end.
• FC Insights Research publication series providing industry highlights and reports from Favour Capital's dedicated research efforts, covering market trends, consumer behavior, and sector analysis across emerging Asia.
• Investment Banking Elite Program Recruitment and training program that provides students and undergraduates with experience in investment banking and exposure to emerging Asian markets, tech industries, and consumer industries.

Quantifiable outcome

• Successfully advised on multiple significant funding rounds including dtcpay (US$10M Series A), Inteluck (US$34M Series C), Buymed (US$51.5M Series B), Dekoruma (US$15M Series C1)

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Skystar CapitalcoreStrategic or Co-development PartnerCollaborative partnership producing joint industry research reports. The two firms co-authored the 'Indonesia Fintech 2025 Report: Past Lessons and Future Opportunities', combining Favour Capital's investment banking expertise with Skystar Capital's venture capital perspective on the Indonesian fintech market.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lazard: Global investment bank with longstanding emerging-markets advisory franchise, often engaged on cross-border M&A and capital raising involving SEA growth-stage companies — a scaled competitor with overlapping mandates.
• Rothschild & Co: Global advisory house with deep European heritage and a long-standing Asia-Pacific M&A practice; competes for SEA cross-border deals in the same mid-market and growth-stage segments Favour Capital targets.
• Houlihan Lokey: Global mid-market investment bank with an active Asia-Pacific M&A and capital markets practice. Larger and broader than Favour Capital but competes for the same growth-stage and mid-cap tech/consumer mandates across SEA.
• Jefferies: Global investment bank with a focused Asia-Pacific growth-stage and mid-market practice, increasingly active in SEA tech and consumer M&A and capital raising — direct competition for the same mid-sized mandates.
• Lincoln International: Global mid-market investment bank with a dedicated Asia-Pacific presence, frequently competing for SEA and emerging Asia M&A mandates of the same size and sector profile as Favour Capital's coverage.
• EY-Parthenon: Big 4 strategy and transactions advisory practice with active SEA M&A and capital advisory teams, frequently engaging on growth-stage tech and consumer mandates similar in size and profile to Favour Capital's deals.
• KPMG Deal Advisory: Big 4 transactions and advisory practice with strong SEA presence, regularly advising on cross-border M&A and capital raises in SEA tech/consumer sectors — a scaled alternative for founders evaluating boutique vs. Big 4 advisory.

Direct peers

• Clearwater International: Global boutique investment bank with a strong Asia-Pacific cross-border M&A practice, directly comparable to Favour Capital in offering mid-market advisory on cross-border transactions for growth-stage and mid-sized companies in SEA and emerging Asia.

Regional players

• CGS-CIMB Securities: ASEAN-focused investment bank (Singapore/Malaysia-headquartered), the dominant regional broker-dealer for mid-market equity capital markets and M&A in SEA — competes for the same regional mandates from a larger, integrated balance-sheet platform.
• DBS Bank (Investment Banking): Singapore-headquartered bank with a large regional investment banking franchise across SEA, frequently advising on growth-stage equity raises and mid-market M&A in the same sectors and geographies Favour Capital covers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/favourcapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Favour Capital