Mandrill Tech
What the business is about?
Mandrill Tech Sdn Bhd is a digital transformation powerhouse specializing in developing financial technology applications that cover domains such as banking and finance solutions, payment gateway solutions, corporate billing and settlement systems, manufacturing automation, and medical solutions.
We assist clients in automating and digitizing their business processes, reducing daily manual overhead by delivering innovative cloud-based solutions that promote business growth.
As a strategic technology partner to you, we want your business idea to be materialized and your startup to reach its highest potential on the growth and market acquisition. We offer all you need, from comprehensive technology consultation, go-to-market plan & execution, up to providing the reliable technical resource team.
This is Mandrill Tech Sdn Bhd's 1st investment note with Alixco.
This investment note is secured by 2 personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
"The expanding is for working capital as we are currently receiving increase of client request projects, hence the scale of working capital to support the growth."
Business Overview
Business
Website: https://www.mandrill.com.my/
Funding amount
RM 350,000.00 for 9 months.
13.2 % interest (nominal, p.a.)
Business type
IT, Digital Innovation, Sdn Bhd
Location
A-18-5, THE VERTICAL BUSINESS SUITE TOWER A, AVENUE 3, NO.8, JALAN KERINCHI BANGSAR SOUTH
59200 KUALA LUMPUR WILAYAH PERSEKUTUAN
Number of outlets
1
Number of directors
2
Personal guarantees
2
Year of incorporation
2015
Number of employees
114
Important Risk Information:
Risk score of B3 (‘Moderate risk’) indicates that this investment amount has an moderate level of risk. The risk score of B3 (‘Moderate risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome. Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’).
In 2023, Mandrill Tech Sdn Bhd had a revenue of RM 11,164,844.00 and a profit of RM 124,627.00
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.
