LoanChamp
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LoanChamp - overview
Established
2017
Location
Makati City, -, Philippines
Primary Industry
Financial Services
About
Founded in 2017 and based in the Philippines, Y Finance Inc. , doing business as LoanChamp, operates as a lending platform that offers personal loans to Filipinos. The company was founded by Roger Yang. In July 2023, Astra Tech, a portfolio company of G42 Expansion Fund, acquired a 90% majority stake in LoanChamp.
LoanChamp provides an online lending platform that leverages big data-driven technologies to offer various financial solutions to Filipinos. The products and services offered by the company include FlexLoan, a credit platform that offers loans with an interest rate starting at 0. 5 percent per day; seafarer loan solutions, where Filipinos can get loan options starting at PHP 10,000 and going up to PHP 500,000 for up to 12 months with an interest rate as low as 2. 5 percent per month; and lead sourcing service, an API-enabled one-stop loan application platform.
In addition, the company offers a mobile application for both Android and iOS users.
Current Investors
Astra Tech
Primary Industry
Financial Services
Sub Industries
e-Financial, Consumer Finance, Application Integration Software
Website
www.loanchamp.ph
Verticals
FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
LoanChamp - timeline of key events
LoanChamp - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|
| Revenue (USD) | 9,025,812 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (10,566,021) | - | - | - |
| Operating Income (USD) | (11,276,522) | - | - | - |
| Operating Margin | (124.9%) | - | - | - |
| % EBITDA Margin | (117.1%) | - | - | - |
| NET Income (USD) | (7,854,283) | - | - | - |
| % Net Margin | (87.0%) | - | - | - |
LoanChamp - employee data
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