Dropee operates a B2B wholesale marketplace and integrated SaaS e-commerce platform focused on food & beverages and fast-moving consumer goods, automating payments, order tracking and offline-to-online workflows. The platform uses an AI-based smart catalog to personalize product recommendations and supports ordering via marketplace or assigned sales agents. Dropee has more than 80,000 SME users (mainly small retail stores) and reports over $100 million in annualized transaction value. It began offering financial products in November 2020, including up to 60-day invoice and supply-chain credit, and evaluates creditworthiness using transaction and network data captured on the platform. The company is operational in Malaysia, Singapore and Indonesia and says the new financing will expand its supply-chain financing and credit-term offerings. Over the next 12 months Dropee plans to introduce additional financing products for wholesalers and retailers by partnering with regional banks and non-banking financial institutions.

Total raised

$7M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jan 2022