Favour Capital
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.
- Company typePrivate
- Founded2017
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
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.
Favour Capital firmographics
Firmographics- 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
Favour Capital industry classification
Industry- 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
Where Favour Capital is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices4 records
Markets served
Favour Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- 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.
- 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
Favour Capital product offering
Product offeringCore 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)
Companies that use Favour Capital
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Favour Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Favour Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Skystar CapitalcoreCollaborative 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
Favour Capital competitors and assessment
Company assessmentBroad 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
Favour Capital social profiles
Digital presenceFavour Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Favour Capital leadership team
Management profileNumber of profiles
Profiles1 record
Favour Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Favour Capital 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 Favour Capital
What does Favour Capital do?
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.
Is Favour Capital a public or private company?
Favour Capital is a private company. It is classified as unknown and is currently operating.
When was Favour Capital founded?
Favour Capital was founded in 2017. It employs 11 to 50 people.
Where is Favour Capital based?
Favour Capital is headquartered in Singapore, Singapore, in the Asia region.
How does Favour Capital make money?
Two revenue lines are on record. Capital Raising Advisory is the primary driver. The others are M&A Advisory.
Who are Favour Capital's main competitors?
Broad incumbents on record are Lazard, Rothschild & Co, Houlihan Lokey, Jefferies, Lincoln International, EY-Parthenon and KPMG Deal Advisory. Clearwater International is listed as a direct peer. Regional players are CGS-CIMB Securities and DBS Bank (Investment Banking).
Does Favour Capital have an API?
No public API is recorded for Favour Capital.
What industry is Favour Capital in?
Favour Capital's product category is Investment Banking. Its primary akta.pro industry code is BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital), with a secondary code of BPAHADAG, Capital Raising Advisory (Debt/Equity/Private Capital). Its NAICS code is 523940 and its SIC code is 6282.