Polaris Kin Pte Ltd

What Polaris Kin Pte Ltd does

GB Helios Pte Ltd, which operates commercially as GB Helios and through its Polar

Name

Polaris Kin Pte Ltd

Legal name

GB Helios Pte Ltd

Website

https://gbhelios.com.sg

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Singapore-based non-bank financial institution and Enterprise Singapore PFI (operating as GB Helios) providing SME and new-economy business financing — from hire purchase and factoring to venture debt and embedded supply-chain finance (KRONOS) — across Singapore with regional Southeast Asia footprint.

Ownership category

akta.pro rank

Product category

Commercial & SME Lending

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Lessors (6172)

akta.pro primary industry

Payroll, Contractor Payments & SME HR Finance (FSAGAJAI)

Keywords

• Business financing
• SME lending
• Invoice factoring
• Venture debt
• Supply chain financing

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Interest and Fee Income from Business Loans: GB Helios generates revenue primarily through interest income and processing fees on its suite of business financing products including hire purchase, term loans, factoring, payables financing, venture debt, and revenue-based financing. Interest rates are quoted on EIR basis (effective interest rate) and vary by product type, security, and borrower risk profile.
2. Supply Chain and Invoice Financing (KRONOS): KRONOS, operated by Polaris Kin Pte Ltd, provides a pay-per-use invoice financing model where suppliers pay only for invoices they choose to fund. This usage-based structure generates revenue on a transaction basis per invoice financed.
3. Technology and Equipment Leasing (GB NXT): GB NXT (a venture build alongside Polaris) offers technology leasing solutions including Finance Lease, Fair Market Value Lease, and Sell & Leaseback arrangements. Revenue is generated through leasing installments over the equipment's useful life.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels7 records

Core offering

Polaris Kin Pte Ltd, operating as GB Helios, is a Singapore-based non-bank Participating Financial Institution that provides a comprehensive suite of business financing products to SMEs, startups, and large enterprises. Its offerings include Hire Purchase, Floor Stock Financing, Property-Backed Loans, Factoring, Payables Financing, Unsecured Term Loans, Venture Debt, Revenue-Based Financing, Technology Leasing, Digital Supply Chain Financing, Earned Wage Access, Project Financing, and Embedded Financing. The KRONOS platform enables pay-per-use invoice financing, while AutoMate serves automotive dealers with digital loan and insurance applications.

Product overview

Polaris Kin Pte Ltd operates through GB Helios as a multi-platform financial services provider with three core venture builds: POLARIS (financial launchpad for new economy businesses), PILON (business transformation and embedded financing), and GB NXT (technology leasing solutions). The flagship digital product KRONOS provides digital supply chain financing on a pay-per-use model. AutoMate is a free online platform for automotive dealers to manage car loans, insurance, auctions, and floor stock financing. These products collectively serve SMEs and new economy businesses across Singapore with tailored financing solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Polaris: A venture build of GB Helios serving as the financial launchpad for new economy businesses. Provides tailored and growth-focused debt structures for startups and SMEs that may face difficulties securing credit due to different business models and lack of traditional data. Polaris includes initiatives such as KRONOS digital supply chain financing.
• GB NXT
• PILON
• KRONOS
• AutoMate
• Goldbell Evolution Network (GEN)

Products and services

• Hire Purchase Vehicle acquisition financing for passenger vehicles, commercial vehicles, and private hire drivers with terms up to 10 years. Pre-approved loan amounts available with competitive interest rates and fast approval.
• Floor Stock Financing Short-term loan or credit facility for dealerships and retailers to finance floor stock and inventory with flexible terms tailored to inventory turnover cycles.
• Property-Backed Loans Property-backed financing for purchase and refinancing of commercial and business properties. Offers financing for purchases, refinancing, and working capital secured by property assets.
• Factoring Invoice factoring provides up to 90% of invoice value upfront with facilities up to S$3 million per client. Improves liquidity through receivables financing.
• Payables Financing Payables financing enables businesses to pay their suppliers with flexible terms, improving working capital management.
• Unsecured Term Loans Fixed-term financing for businesses without requiring asset collateral. EFS Working Capital Loan capped at S$500,000 per borrower group.
• Venture Debt Venture debt facilities for high-growth startups with strong growth potential or institutional backing, may include warrants or convertible instruments. Maximum quantum up to S$8 million per borrower.
• Revenue-Based Financing Financing based on current and projected revenue for businesses that may not qualify for traditional credit assessment. Repayments flex with revenue performance.
• Project Financing Project financing for infrastructure development, real estate development, and energy projects requiring substantial capital and flexible structures.
• Embedded Financing Embedded financing solutions co-created with partners, integrating financing into digital platforms to help businesses reduce costs and improve customer experience.
• KRONOS Digital Supply Chain Financing Platform KRONOS is a digital supply chain financing platform that enables suppliers to fund invoices on a pay-per-use model, addressing the high processing costs of traditional manual invoice verification by offering flexible, seamless digital integration with partner platforms.
• AutoMate Dealer Platform AutoMate is a free-to-use online platform designed to help automotive dealers simplify work processes through digitalisation, allowing dealers to apply for car loans, car insurance, auctions, and floor stock financing on a single integrated platform.
• Technology Leasing (GB NXT) Technology leasing solutions including Finance Lease, Fair Market Value Lease, and Sell & Leaseback arrangements that enable SMEs to acquire equipment without upfront costs. Revenue generated through leasing installments over equipment's useful life.
• Earned Wage Access (PILON) Earned Wage Access solution enabling employees to gain access to earned wages in advance, helping businesses streamline operations and empower employees.

Quantifiable outcome

• 99.87% performing loan track record (GBFS EV car loan portfolio)
• +8 more outcomes

Named customers12 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Eezee.sgcoreStrategic or Co-development Partner · 20 March 2025Eezee.sg, described as an 'Amazon for businesses' B2B digital procurement marketplace, partnered with GB Helios to fuel and scale growth of Eezee's merchant ecosystem locally and regionally. GB Helios financing enabled Eezee to grow business 10-fold. Platform transaction data enables alternative credit assessment for B2B merchants.
• Charge+coreStrategic or Co-development Partner · 30 November 2022Strategic partnership combining GB Helios' flexible EV financing solutions with Charge+'s extensive EV charging network (700+ public charging points, targeting 6,000 by 2025). EV car loan borrowers receive up to 3 months free charging credits and 3 months discounted charging via Charge+ app. First and only non-bank FI to offer charging credits with EV car loans. Partnership accelerates EV adoption in Singapore in line with government sustainability goals.
• Singapore Business Federation Young Business Leaders Network (SBF-YBLN)minorStrategic or Co-development Partner · 20 February 2020Goldbell Group and five other business families (Ho Lee Group, Paradise Group, Sing Lun Group, Soilbuild Group, Apricot Capital) established a S$5 million 'Hope Fund' in partnership with SBF-YBLN to provide short-term working capital loans to SMEs impacted by Covid-19. The fund provided S$50,000 fixed loans per company at 0.5%-0.75% per month, administered through Goldbell's GEN private debt platform.
• OddlecoreStrategic or Co-development Partner · 1 February 2020GB Helios (Polaris) partnered with Oddle to offer the Merchant Cash Advance programme enabling F&B merchants on Oddle's platform to access financing within 48 hours using transparent platform sales data for credit assessment. Repayments are automatically deducted from Oddle sales. Polaris co-designed the product with Oddle, representing a unique embedded finance model for F&B businesses ranging from hawker stalls to restaurant groups. S$2 million initially allocated.
• Enterprise SingaporecoreStrategic or Co-development PartnerGB Helios is an Enterprise Singapore-listed Participating Financial Institution (PFI) under the Enterprise Financing Scheme (EFS). Under the scheme, the government shares loan default risk with PFIs (50% standard, 70% for enterprises under five years). GB Helios jointly offers Factoring, Payables Financing, and Unsecured Term Loans with Enterprise Singapore. This enables GB Helios to serve SMEs that may not qualify for traditional bank financing.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• BlueVine: US-based online lender providing working capital, invoice factoring, and lines of credit to SMEs. Broad incumbent offering overlapping product categories (factoring, working capital) with Polaris's core SME lending business.
• Grab Financial Group: SEA super-app's financial services arm offering lending, pay-later, and merchant financing across the region. Operates broadly in the same SEA fintech space as Polaris, with embedded distribution to millions of merchants and consumers.
• OnDeck: Established US online small business lender offering term loans and lines of credit. Comparable in alternative underwriting for SMEs without traditional collateral, providing a benchmark for Polaris's startup-friendly credit model.

Emerging players

• Atome: SEA-focused BNPL platform that GB Helios indirectly funds through similar fintech rails. Comparable embedded finance distribution model across SEA merchants and digital platforms, intersecting with Polaris's BNPL exposure via Rely.

Direct peers

• Funding Societies: Singapore-headquartered SME and startup lending platform operating across SEA. Directly comparable to GB Helios's Polaris in serving underserved SMEs with tailored credit and embedded finance via digital platforms.
• Validus Capital: Singapore-based SME lending platform providing invoice financing, term loans, and working capital to SMEs. Closely matches GB Helios's SME factoring, term loan, and supply chain finance products.
• Aspire: Singapore fintech offering business accounts, financing, and spend management to SMEs and startups. Comparable target segment (SMEs and new economy businesses) and product overlap in working capital and embedded finance.

Regional players

• Lulalend: Indonesia-based digital lender providing working capital loans to SMEs. Comparable in target segment and product (revenue-based financing, working capital) and represents a regional SEA peer for Polaris's expansion strategy.
• KoinWorks: Indonesia P2P lending platform offering financing to SMEs and individuals. Comparable in alternative credit assessment and SME focus, with regional SEA overlap relevant to GB Helios's geographic expansion.
• Modalku (Funding Societies Indonesia): Indonesia's leading P2P SME lending platform under the Funding Societies group. Operates in adjacent SEA geography with similar SME financing products (invoice financing, working capital loans), offering a regional benchmark for Polaris's SEA expansion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gbhelios
• LinkedInlinkedin.com/company/67985916

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

Investments3 records

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

Frequently asked questions about Polaris Kin Pte Ltd