Asia Asset Finance Plc
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Asia Asset Finance Plc - overview
Location
Colombo, -, Sri Lanka
Primary Industry
Financial Services
About
Asia Asset Finance Plc is a financial services company in Sri Lanka, providing tailored financial solutions including personal and business loans, leasing, and gold loans to meet diverse customer needs. Asia Asset Finance Plc operates as a financial services firm based in Colombo, Sri Lanka, specializing in personal and business loans among other financial solutions. The company was acquired by Muthoot Finance in August 2014 for USD 2. 1 million.
The current CEO is Rajiv Gunawardana. Asia Asset Finance PLC offers a diverse array of financial products designed for individuals and businesses in Sri Lanka. These include personal loans, business loans, mortgage loans, leasing solutions, and gold loans. The company focuses on leveraging technology and personalized service to optimize the borrowing experience for a clientele comprising both individual users and SMEs.
For the year 2023, Asia Asset Finance PLC reported a revenue of USD 20,159. 40 mn and an EBITDA of USD 368,210. 20. Asia Asset Finance Plc plans to expand its product offerings and enhance its presence in the financial market.
While specific upcoming products have not been disclosed, the company is focused on leveraging its recent funding, secured in August 2014, to support strategic initiatives for better market penetration in Sri Lanka. The capital raised will likely be used to enhance technology and improve customer service mechanisms.
Current Investors
Muthoot Finance
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.asiaassetfinance.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Asia Asset Finance Plc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Asia Asset Finance Plc | - |
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