Boost Capital provides a chat-based bank client onboarding platform that interviews customers through chatbots, performs digital KYC and credit scoring, and facilitates automated loan applications, underwriting, contracting, and credit checks. Its technology bridges informal channels used by emerging-market customers (like chat) and the formal risk requirements of financial service providers. The platform supports collateralized and uncollateralized loans and can serve clients with salary or business income without requiring an app download. Founded in 2018 by Gordon Peters and Lucinda Revell and incorporated as Boost Capital PTE. LTD., the company targets microfinance institutions and banks seeking cheaper, faster digital onboarding. Boost plans to use new funding to pursue market expansion, grow its product team, and initiate partnerships with new banks. The company raised a $2.5M seed round in August 2023 to support those efforts.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2023