Singapore-based platform Jenfi has raised $6.6 million in a pre-Series B funding round led by Headline Asia. The company provides revenue-based funding to online firms, with funding provided within as little as a day. Since its establishment four years ago, Jenfi has distributed over $25 million in non-dilutive cash to more than 600 companies. Clients include Gushcloud, Ralali, Hello Health, Lamer Fashion, Buy2sell, and Mystifly. The new funds will be used to expand its customer base in Singapore, Vietnam, and Indonesia, as well as enter other Southeast Asian countries. Jenfi will also improve its credit underwriting and risk assessment capabilities, including its proprietary risk assessment engine. The platform was founded in 2019 by Jeffrey Liu and Justin Louie, following the sale of their previous firm, fitness marketplace GuavaPass. Jenfi’s “growth capital as a service” approach was developed to address the challenges faced by online business owners in obtaining financing from traditional banks for expansion needs.