Singapore – Helicap Group, a financial services firm, has recently announced that it has secured a US$3m investment from GMO Group’s payment and financial services arm, GMO Payment Gateway.
According to the firm, the recent investment has been directed into Helicap’s flagship credit fund, managed by Helicap Investments Pte Ltd. The transaction was further facilitated through GMO-PG’s Singapore-based subsidiary, GMO-Z.COM Payment Gateway Pte. Ltd.
In terms of purpose, the partnership underscores their shared dedication to fostering innovative fintech solutions, aligning with Helicap’s mission to advance financial inclusion in underserved markets.
Through this partnership, the company aims to continue empowering fintech companies that are transforming the financial landscape of Southeast Asia while also providing new business opportunities in underdeveloped markets.
Since the first half of 2024, fintech startups in Southeast Asia have already secured a significant US$899.3m in funding, emphasising the region’s enduring appeal amidst global economic headwinds.
Helicap, along with its regulated subsidiaries, aims to address the region’s US$500b funding gap. This move signifies the rise of influential players leveraging technology to deliver scalable, inclusive financial services, strengthening Southeast Asia’s position as a growing fintech hub.
