Company Background: A fintech company engaged in offering a diverse range of digital financial services and products through its group companies, including broking, portfolio management services (PMS), and tax filing solutions.
Problem: Despite having a term sheet in place, the company faced challenges in raising Commercial Papers (CPs) due to limited market exposure and a low credit rating. The minimum required rating for issuing CPs was A3, which the company did not meet, creating a significant hurdle in accessing short-term funding.
Solution: FinMen Advisors addressed the challenge by offering innovative insights to the rating agency, enabling a deeper and clearer understanding of the fintech’s complex business model. They simplified key metrics, guided the rating agency through complex processes, and provided walkthroughs of the company’s dashboards to ensure clarity. This structured approach helped the agency fully recognize the company’s strengths and growth potential.
Impact: FinMen Advisors’ intervention led to an upgrade to an A3+ rating, enabling successful CP issuance and unlocking vital short-term funding. This enhanced rating facilitated the growth of the company’s MTM book, strengthening its financial position and market competitiveness.
