Monk’s Hill leads $6.3m funding in Singapore-based financing startup Jenfi

Jeffrey Liu, co-founder and CEO, Jenfi

Jenfi, a Singapore-based startup that provides up to $500,000 of non-dilutive growth capital to business owners and entrepreneurs, announced raising $6.3 million in a Series A funding round led by Southeast Asia-based venture investor Monk’s Hill Ventures.

Golden Equator Ventures and Korea Investment Partners (via the GEC-KIP Fund), 8VC, ICU Ventures, and Taurus Ventures also participated in the funding round that will finance Jenfi’s product development, customer acquisition, and expansion in Southeast Asia.

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