INFT is a fintech platform that provides microloans up to $150,000 and supply chain financing solutions to micro and small businesses in Asia, utilizing alternative data for credit evaluation. This approach addresses cash flow challenges by enabling faster payments to suppliers and offering flexible repayment options for borrowers, enhancing financial stability and growth potential.
Funding
$3.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Micro and small businesses in Asia often face challenges accessing traditional financing due to limited credit history and lack of collateral. This restricts their ability to manage cash flow effectively, pay suppliers promptly, and invest in growth opportunities. Traditional credit evaluation methods used by banks often exclude these businesses, hindering their financial stability and potential for expansion.
Solution
INFT provides a fintech platform that offers microloans and supply chain financing solutions tailored to micro and small businesses in Asia. By leveraging alternative data for credit evaluation, INFT enables faster access to capital and more flexible repayment options. The platform's Business Cashline provides short-term financing up to $150,000, while its supply chain financing solutions ensure suppliers are paid promptly, improving working capital for all parties. INFT also offers tools for invoice management, global payments in over 57 currencies, and the ability to convert credit card balances to cash for increased financial flexibility.
Target Audience
INFT primarily targets micro and small business owners, CFOs, and finance managers in Asia seeking accessible financing and efficient financial management tools.
Features
- Business Cashline: Microloans up to $150,000 with fast application and disbursement
- Supply Chain Financing: Early payment solutions for suppliers and flexible repayment options for buyers
- Invoice Management: Tools to create, send, and manage invoices online with real-time transaction overviews
- Global Payments: Multi-currency accounts supporting payments in over 57 currencies across 180+ countries
- Alternative Data Evaluation: Credit assessments using non-traditional data sources to expand access to financing
- Business Buy Now Pay Later (BNPL): Option for businesses to offer flexible payment terms to their customers
- Credit Card to Cash Conversion: Allows businesses to use credit cards for payments where cards are not traditionally accepted
- Interactive Reporting: Real-time visibility of accounts and transactions with customizable reports
- Team Management: Multi-user access with tailored roles and permissions for transaction control
- Secure Platform: Bank-grade security encryption and customer privacy protection