Capital C Corporation Secures 7-Figure Investment in Pre-Series A Funding, Driving Financial Inclusion For Southeast Asia’s Underserved

Inclusive fintech services provider Capital C Corporation has secured a 7-figure sum in a pre-series A funding round from Phillip Private Equity, Azure Capital, and high-net-worth individuals. The strategic raise will go towards scaling Capital C’s expansion into new Southeast Asian markets, as well as the development of a super app designed to expand access to credit facilities for individuals and small businesses, including the unbanked and underbanked, as well as those with limited credit history.

Capital C’s expansion into new markets is part of its work to improve accessibility of financial services among more underserved communities and businesses in Southeast Asia, with the World Bank estimates that 80 per cent of people in Indonesia, Philippines, and Vietnam, and 30 per cent in Malaysia and Thailand, remain unbanked, despite high internet penetration rates. In Singapore, though only 2 percent of the population is unbanked, 38 percent are considered underserved, underscoring the ongoing need for inclusive financial solutions even in more developed economies.

The new funding will enable Capital C to create a super app that consolidates its comprehensive financial ecosystem into a single, seamless platform. This all-in-one app will host an array of digital micro financing services, including personal and business loans, ‘buy now, pay later’ solutions, and hire purchase products. By doing so, users will have access to a full suite of financial services tailored to meet both personal and business needs, reinforcing Capital C’s commitment to expanding beyond just a loan provider.

Jeames Cheow, Chief Executive Officer of Capital C shares: “This fresh wave of funding reflects the immense value of uplifting and empowering financially underserved communities in Southeast Asia, many of whom have fallen through the gaps left behind by traditional financing systems. Our mission is to democratise access to the financial tools and opportunities that they rightfully deserve — all while setting a bold new benchmark for inclusive finance.”

Building on this momentum, Capital C is taking transformative steps to democratise access to financing for underserved communities. Their existing streamlined loan application process connects customers to rapid, hassle-free disbursement and personalised credit options, all supported by their robust credit scoring model developed over years of industry experience. As part of Capital C’s ongoing efforts, they are developing new debit and credit card solutions for those new to credit or seeking alternatives to traditional options, ensuring that everyone has the tools needed to build a strong financial foundation.

As they expand their services, Capital C aims to foster a community where customers can network with them and each other, sharing insights and resources to help grow their businesses. With these initiatives, they are excited to establish Capital C as a leader in fintech, dedicated to supporting their customers’ financial journeys and building lasting relationships in the process.

Commenting on the strategic investment, Ms. Sng, Chief Investment Officer at Phillip Private Equity says: “We chose to support Capital C Corporation due to their innovative approach to expanding financial access. We appreciate their focus on reaching underserved communities and look forward to seeing their impact in advancing financial inclusivity.”

For its work in championing financial inclusivity across the region, Capital C has been honoured with multiple prestigious awards, including the Singapore Prestige Brand Award and the Singapore Entrepreneur of the Year, in recognition of its commitment to championing financial inclusivity across the region. Additionally, the company holds important certifications that demonstrate adherence to industry standards, such as the Singapore Fintech Cert and the Singapore Quality Class Certification.

Capital C is headquartered in Singapore and, through the Crawfort brand, has established a market presence in the Philippines. With plans for regional expansion and additional projects, the firm aims to position fintech solutions as a cornerstone for sustainable growth among businesses. It hopes to leverage these platforms to bridge the financial inclusion gap for underserved communities throughout the region.

As seen on:
Fintechnews.sg – Capital C Raises Funding to Launch Superapp, Expand in Southeast Asia

Techedt.com – New investment drives expansion and super app development for underserved communities

e27.co – Capital C bags investment to build financial inclusion super app for SEA

Dealstreetasia.com – SEA Digest: Indonesia’s Dash, Singapore’s Capital C and BuzzAR raise funding

Kr-Asia.com – Deals in brief: Insider raises USD 500 million, UOB FinLab funds ASEAN green tech pilots, six China deals, and more | KrASIA

Techinasia.com – Fintech Capital C raises funds for SEA ‘super app’ launch

Technode.global – Singapore’s Capital C secures seven-figure investment in Pre-Series A funding – TNGlobal

Backscoop.com – Singapore’s Capital C raises Pre-Series A to create super app