iLex
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iLex - overview
Established
2019
Location
Singapore, -, Singapore
Primary Industry
Financial Services
About
iLex, based in Singapore, provides an innovative platform for institutional lending, facilitating loan syndication and trading to optimize interactions between financial institutions and investors. Founded in 2019 in Singapore, iLex operates as an advanced platform for managing loan syndication and trading. The company has executed 4 deals to date, with its most recent funding round being a Series A that raised USD 7. 00 mn on July 31, 2024.
The funding was co-led by QBN Capital, alongside new investors Eileses Capital and MI8. Bertrand Billon serves as CEO, and previously founded other ventures in the finance sector. iLex specializes in providing an advanced platform for loan syndication, trading, and private credit markets, facilitating seamless interactions between financial institutions and investors. The core offerings include the iLex Connect Suite and Deal Workspace, integrating access to global loan markets and providing collaborative environments for end-to-end loan distribution.
These products address significant inefficiencies in the corporate loan market, utilizing advanced investor intelligence and market analytics to support banks, debt advisors, and institutional lenders. The platform is actively used by over 1,500 lenders and 20,000 borrowers across North America, Europe, and Asia. iLex generates revenue primarily through its subscription-based model, where clients pay for access to its comprehensive suite of tools and analytics designed for the loan market. In 2022, the company reported a revenue of USD 13,796.
90 mn, with an EBITDA of USD -1,942,314. 20. Its business model includes licensing fees and costs associated with specific services within the iLex Connect Suite, tailored to enhance operational efficiency for loan market participants. In July 2024, iLex raised USD 7.
00 mn in Series A funding, which will be allocated towards expanding market reach and enhancing research and development efforts. The company plans to introduce new products aimed at improving the platform's capabilities and is targeting expansion into additional geographical markets, which will be detailed in future announcements.
Current Investors
IHS Markit, Loyal Venture Fund Group, Right Pedal
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software, Analytics & Performance Software
Website
www.ilex.sg
Verticals
FinTech
Company Stage
Series A
Total Amount Raised
Subscriber access only
iLex - timeline of key events
iLex - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 12,163.916 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - |
| EBITDA (USD) | (97,719.435) | (563,403.763) | (1,408,833.766) | - | - | - |
| Operating Income (USD) | (97,719.435) | (616,321.569) | (1,635,265.678) | - | - | - |
| Operating Margin | - | - | (13443.6%) | - | - | - |
| % EBITDA Margin | - | - | (11582.1%) | - | - | - |
| NET Income (USD) | (97,719.435) | (616,321.569) | (1,635,265.678) | - | - | - |
| % Net Margin | - | - | (13443.6%) | - | - | - |
iLex - employee data
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