Culum Capital launch online platform for alternative investment

Singapore, December 05, 2017 Culum Capital, a Singapore-based receivables and supply chain financing provider, today launches its cutting-edge investor platform. Aimed at accredited and institutional investors from around the globe, the platform facilitates invoice financing to SMEs as an alternative to traditional financing sources.

The platform’s sophisticated user interface brings ease and convenience for investors, with a double layer of security authentication. The platform uses its proprietary credit scoring and on-going risk measurements to identify optimum investment opportunities and provide transparency. The transactions carry a short tenor of maximum 120 days, with the average transaction at 70 days. Annualised gross returns are between 10 and 25 percent, with a strong SME diversification across the Singapore economy.

Ginnie Chin, co-founder & CEO Culum Capital commented that “75 percent of our current investor group are corporate entities who require a highly liquid product to bolster portfolio diversification. We are delighted to bring to the market a strong alternative for investors, with 100 percent of all deals fully subscribed within 24 hours.”

According to SingStat, there were 216,000 SMEs in Singapore at the close of 2016, representing 99% of all businesses. They contribute 47 percent or $174 billion dollars to the economy’s nominal value added. SMEs are defined by SingStat as enterprises with operating receipts not more than $100 Mil or employment not more than 200 workers for all sectors. Research cited by UOB in their recent ASEAN FinTech report (United Overseas Bank, 2017), talks of the “huge potential” for alternative funding in ASEAN for the MSME segment.

To find out more information about Culum Capital’s online platform; visit www.culumcapital.com. 

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 About Culum Capital:

Culum Capital is a Singapore-based receivables and supply chain financing platform, founded in 2016. We provide corporates with access to working capital funded by accredited investors. The platform provides an alternative form of investment with attractive return for investors from around the world. Culum Capital boosts proprietary credit scoring and transaction grading system for risk management and monitoring. Please visit www.culumcapital.com for further information.

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For more information on Culum Capital, please contact Bowlah PR:

Caroline Bowler                                              Leena Patel

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