East Ventures on Instagram: "In 2018, David Z. Wang founded Helicap to tackle a significant gap in SME financing in Asia. It raises capital and utilizes big data to analyze regional lending players. Therefore, it can make superior and consistent investment returns via alternative channels such as microfinance institutions, SMEs, and P2P lending. . Currently, it has invested in eight alternative lending platforms across Asia. . This week, Helicap announced that it has acquired Arcor Capital, Singapore-based security firm specializes in private debt and growth capital for early-stage and mid-market enterprises in Asia. Arcor Capital also holds a Capital Markets Services (CMS) license for dealing in securities from the Monetary Authority of Singapore (MAS). . This acquisition enables Helicap to immediately ramp up its engagement with sophisticated investors via debt securities fundraising and credit fund management. . As one of its early backers, we are excited with this acquisition and believe that Helicap will continue to play a significant role in validating and consolidating the region’s emerging alternative lending space. . Link: bit.ly/EVhelicap . #eastventures #startup #venturecapital"