Highlights #
Asian Fintech Exposure
Proceeds from this pool will be used to fund experienced fintech lenders in Southeast Asia - one of the fastest-growing regions for fintech adoption in the world
Secured
Collateralized with real-world (off-chain) assets
Real-world recourse
Real-world, legally enforceable loan agreement
Ongoing monitoring
Monthly reporting and direct-to-borrower communications
Analysis #
Analysis and summary of this deal completed by independent credit experts
CFM2022
CFM 2022 is a senior director with a global asset management firm where he specializes in special situations credit investing and has over 20 years of experience in finance and investment management.
Vetted reviewer
Trius Lend East Credit Fund (the “Lend East Credit Fund” or the “Fund”) made its first loan in July 2019 and, to date, has made 7 debt investments in Singapore, Indonesia, the Philippines and Vietnam. Thus far, Lend East has deployed almost $35MM in capital to alternative lenders. Participating Goldfinch investors shall become debenture holders of the Lend East IV 2 Pte Ltd. SPV (the “Issuer”), which shall pay Goldfinch investors an interest rate of 10.0% per annum payable monthly and will retain a security interest in the assets of the Issuer.
Posted Nov 10, 2022
Judo Lightning
Judo Lightning was an early employee of an emerging market focused credit fund and made credit investments in high growth fintechs across 10+ countries in Africa and South East Asia.
Vetted reviewer
Lend East is a fast-growing credit fund manager which connects investors seeking high-yield private credit exposure to alternative lenders in Southeast Asia. • LendEast is raising $10.15m via a secured debenture issuance paying a 10% p.a. fixed coupon to increase their exposure to existing alternative lenders and add additional lenders to the portfolio.
Posted Nov 10, 2022
Repayment terms #
Loan term
Term start date
Est. loan maturity date
Repayment structure
Payment frequency
Total payments
Borrower details #
Lend East
Asia fintech credit fund
Vetted borrower
Lend East is a digital lending platform that connects global institutional capital with alternate lenders in Emerging Asia (Southeast Asia & India). Lend East is revolutionising alternate lending by offering scalable growth capital with zero dilution to technology ventures. Leveraging Spa{R}³k, its proprietary credit and risk analytics platform, Lend East has made high impact investments in Indonesia, the Philippines, Singapore & Vietnam since 2019.
Highlights
- Since inception, Lend East has evaluated over 100 alternate lenders and onboarded 60+ of them on Spa{R}³k, its proprietary credit analytics & risk platform
- Lend East has committed US$50mn in investments across seven market leading platforms across Singapore, Indonesia, Philippines, Vietnam & India
- Strong performance track record, generating healthy risk adjusted yields for investors with no delays or defaults in borrower repayments