Melvin Siow's Contact Details

Melvin Siow's Company Details

Finaxar

Singapore, , Singapore • 51 - 200 Employees
Financial Services

Founded in 2016, Finaxar is a Singapore-based fintech firm that is focused on changing the way small business financing is done using technology. Solving working capital challenges faced by SMEs, Finaxar finances directly from their balance sheet to provide innovative data-driven credit and payment solutions. In July 2019, with the support of Enterprise Singapore, the firm cemented its Lending-as a-ServiceTM in a new cross-border partnership with Cathay Financial Holdings and Indovina Bank to improve access to SME financing in Vietnam – setting a milestone of its first overseas market beyond Singapore. In the firm's vision to digitising SME finance, Finaxar grew its capabilities in 2020 with a "Buy-Now Pay-Later" solution and Corporate Cards (as Principle Member of Visa) for businesses in the B2B sector – on top of their existing Finaxar Credit Line, which enables business payments through a single, integrated platform that aligns seamlessly with businesses' cash flows to provide rapid liquidity to SMEs.Did you know that it can take up to 106 days to recover payment for goods and services delivered? Finaxar provides superior, fully automated capital solutions to help Singaporean small businesses manage short-term cash flows and avoid bankruptcy. These include receivable financing, a flexible line of credit etc. - a perfect marriage between finance and technology.Don't wait days at bank, when Finaxar financing is only a few clicks away. No paperwork. No hidden charges. No hassle. Get your funds in less than 24 hours! Sign up now at https://finaxar.com/get-started and take a step into the future of financing.Find us on social media!Facebook: https://www.facebook.com/finaxar/ Twitter: https://twitter.com/finaxarHQ