Woodpecker Asia Tech Pte. Ltd.
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Woodpecker Asia Tech Pte. Ltd. - overview
Established
2014
Location
Singapore, -, Singapore
Primary Industry
Financial Services
About
Woodpecker Asia Tech Pte. Ltd. operates as a financial technology company, dedicated to providing a comprehensive comparison platform that empowers consumers in banking, investing, and lending decisions. Woodpecker Asia Tech Pte.
Ltd. was founded in 2014 in Singapore and focuses on financial product comparisons. The company has undergone operational discontinuation as of January 2021. It has been involved in 3 investment deals, with its most recent funding round occurring on January 5, 2021, where it raised USD 17.
00 mn from investors including Aegon Asset Management and Walvis Participaties, totaling USD 17. 00 mn raised. Woodpecker Asia Tech Pte. Ltd.
offers a platform for consumers to compare various financial products and services, tailored to assist users in making informed choices in banking, investing, and lending. The platform provides detailed comparisons of savings accounts, credit cards, personal loans, mortgages, and investment options, utilizing a proprietary scoring system for evaluations. Its clientele spans the United States, Australia, Canada, and the United Kingdom, targeting both individual consumers and small businesses. In 2023, Woodpecker Asia Tech Pte.
Ltd. reported an EBITDA of USD 162,103. 20, while its revenue was noted as USD 0, indicating a non-revenue generating status during this period. As of January 2021, Woodpecker Asia Tech Pte.
Ltd. has discontinued its operations, thus there are no future growth plans or strategies detailed for upcoming products or market expansions. The cessation of operations suggests a pivot away from previous business strategies.
Current Investors
Aegon Asset Management, Walvis Participaties
Primary Industry
Financial Services
Sub Industries
e-Financial, Insurance
Website
www.gobear.com
Verticals
FinTech, InsureTech
Company Stage
Ceased Operations
Total Amount Raised
Subscriber access only
Woodpecker Asia Tech Pte. Ltd. - timeline of key events
Woodpecker Asia Tech Pte. Ltd. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 101,145 | 1,438,269 | 4,008,054 | 6,158,804 | 6,604,580 | 3,946,981 | (14,268) | - | - | - |
| % Revenue Growth (YoY) | - | - | 1322.0% | 178.7% | 53.7% | 7.2% | (40.2%) | (100.4%) | - | - | - |
| EBITDA (USD) | (2,450,621) | (9,947,246) | (17,082,029) | (16,575,479) | (21,798,560) | (30,157,019) | (27,470,669) | (4,469,503) | - | - | - |
| Operating Income (USD) | (2,455,188) | (9,986,838) | (17,161,589) | (16,715,627) | (21,976,173) | (30,435,419) | (27,713,739) | (4,469,503) | - | - | - |
| Operating Margin | - | (9873.8%) | (1193.2%) | (417.1%) | (356.8%) | (460.8%) | (702.2%) | 31325.4% | - | - | - |
| % EBITDA Margin | - | (9834.6%) | (1187.7%) | (413.6%) | (353.9%) | (456.6%) | (696.0%) | 31325.4% | - | - | - |
| NET Income (USD) | (2,455,188) | (9,993,569) | (17,191,828) | (16,779,178) | (22,056,657) | (30,517,395) | (27,713,739) | (4,469,503) | - | - | - |
| % Net Margin | - | (9880.4%) | (1195.3%) | (418.6%) | (358.1%) | (462.1%) | (702.2%) | 31325.4% | - | - | - |
Woodpecker Asia Tech Pte. Ltd. - employee data
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