eLoan

What eLoan does

eLoan, doing business as the SCF Platform, is a Vietnam-based fintech operating a web-based supply chain finance marketplace that connects small and medium enterprises with financial institutions for accounts receivable financing. The platform enables Vietnamese-registered SMEs to upload commercial receivables, which then undergo multi-step automated verification and intelligent credit scoring based on payment history and business data before being funded — typically within 24 hours. The platform serves three distinct user segments: SMEs seeking working capital, corporate buyers confirming payment obligations, and financial organizations seeking investment opportunities with risk-controlled exposures.

The product surface consists of two integrated modules: the SCF Platform (the primary supply chain finance marketplace) and the AR Platform (an accounts receivable debt management workflow tool that supports invoice tracking and outstanding debt management). Underlying technology includes a web-based application with digitized invoice management, automated multi-step verification, credit risk scoring, and enterprise-grade security infrastructure (SSL/TLS, encryption-at-rest, MFA, periodic audits, 24/7 monitoring). There are no disclosed APIs, SDKs, or third-party integrations, and the platform does not currently operate a mobile app.

The business model is freemium with transaction-based monetization: basic platform registration and use are free, and revenue is generated through transaction fees on funded invoices, interest intermediation between SMEs and financial institutions, and supplementary service fees. Go-to-market is product-led and self-service via a direct web channel for SMEs, paired with direct enterprise sales to onboard financial organizations as funding providers. The company is privately held, founded in 2017, headquartered in Ho Chi Minh City, and discloses 500+ SME customers, ₫50B+ in cumulative funded volume, and a 98% self-reported satisfaction rate. Leadership consists of founder and chairman Nguyen Ho Nam; no other management team members are disclosed.

Name

eLoan

Legal name

SCF Platform

Website

https://eloan.net

Company type

Private

Founded year

2017

Operating status

Operating

Short description

eLoan (SCF Platform) is a Vietnam-based fintech operating a web-based supply chain finance marketplace that connects registered Vietnamese SMEs with financial institutions for accounts receivable financing, with a complementary AR management tool. The platform serves SME borrowers, corporate buyers, and funding institutions.

Ownership category

akta.pro rank

Product category

Supply Chain Finance / Invoice Financing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Custom Computer Programming Services (541511)

SIC

Finance Services (6199), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Corporate Cash Management & Treasury ACH (FSAMAGAG)

Keywords

• Supply chain finance
• Invoice financing
• SME working capital
• Accounts receivable management
• Digital lending platform

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Transaction Fees: Fees charged when businesses receive financing/funding through the platform. These are transaction-based fees applied per funding event.
2. Interest on Financing: Interest rates on financing arrangements negotiated directly between users and financial organizations. The platform facilitates these transactions between SMEs and financial institutions.
3. Additional Service Fees: Additional service fees may apply for supplementary platform features beyond basic usage.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

eLoan operates a Supply Chain Finance (SCF) digital platform that connects Vietnamese SME businesses with financial institutions, enabling SMEs to convert accounts receivable invoices into working capital. A complementary AR Platform provides dedicated accounts receivable (debt) management functionality. The platform offers digitized invoice upload, multi-step automated verification, intelligent credit scoring, and funding disbursement targeted within 24 hours.

Product overview

eLoan operates as a dual-product fintech platform consisting of the SCF Platform (Supply Chain Finance) and the AR Platform (Accounts Receivable). The SCF Platform is the primary offering that connects SME businesses with financial institutions for invoice financing, while the AR Platform provides complementary accounts receivable debt management capabilities. Together, they form a comprehensive supply chain finance ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• SCF Platform Web-based Supply Chain Finance platform that connects Vietnamese SME businesses with financial institutions, enabling SMEs to upload accounts receivable invoices, which are then verified, credit-scored, and funded, with a target processing time of 24 hours.
• AR Platform Accounts Receivable (AR) management platform for Vietnamese SMEs and buyers to track and manage outstanding invoices and debt, providing a complementary workstream to the SCF Platform.

Quantifiable outcome

• Funding processed within 24 hours
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Financial OrganizationscoreOthersThe platform connects SME businesses with multiple financial organizations (tổ chức tài chính) that provide funding for accounts receivable invoices. Financial organizations access investment opportunities with transparent data and controlled risk through the platform.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Regional players

• GoPintar (GoTo Group): Indonesian fintech lending arm of GoTo providing working-capital loans to MSMEs and merchants. Comparable SEA SCF/SME lending product but operates primarily in Indonesia rather than Vietnam.

Direct peers

• Aspire: Singapore-based all-in-one financial platform for SMBs including credit, financing, and spend management. Comparable in serving SME cash-flow and working-capital needs across SEA with a digital-first model.
• Capital Match: Singapore-based peer-to-peer invoice financing marketplace that connects SMEs seeking receivables financing with institutional and individual funders. Highly comparable core product (invoice/SCF) and two-sided structure.
• Funding Societies: Largest SME financing / SCF-style marketplace in Southeast Asia, operating across Singapore, Indonesia, Malaysia, Vietnam, and Thailand. Directly comparable to eLoan in serving SME invoice/working-capital financing needs via a digital multi-funder platform.
• Trusting Social: Vietnam-focused fintech leveraging alternative data for credit scoring and lending decisions. Comparable Vietnam footprint and data-driven SME credit assessment approach to eLoan's credit-scoring engine.
• Validus Capital: Singapore-headquartered SME lending and SCF platform providing invoice financing and working-capital loans to SMEs. Closely mirrors eLoan's SME-to-institution financing model with data-driven credit assessment.
• Tima: Vietnamese fintech operating a digital lending marketplace connecting borrowers with multiple lenders. Comparable Vietnamese fintech marketplace model and similar target segment of underbanked SMEs and individuals.
• KoinWorks: Indonesian fintech offering P2P lending and supply chain financing to SMEs and individuals. Comparable SCF/working-capital product targeting underserved Southeast Asian SMEs via digital onboarding.

Broad incumbents

• Cake by VPBank: Digital banking platform by Vietnamese VPBank offering payments, savings, and credit products to consumers and SMEs. Comparable Vietnamese digital-finance footprint but operates as a broader incumbent rather than a pure-play SCF marketplace.
• Timo by Ban Viet Bank: Vietnamese digital banking platform offering accounts, payments, and lending products to consumers and small businesses. Comparable Vietnam digital-finance presence with overlapping SME working-capital ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

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 eLoan