Singapore, 28 October 2026 - Fingular, an international fintech group, announces that it has secured a USD 20 million credit facility from Silverstreak Group (Silverstreak), a Singapore-based investment group specializing in private credit.
The full USD 20 million will be deployed in Malaysia to expand Fingular’s near-prime consumer and SME financing. With the Silverstreak facility, total funding of Fingular’s Malaysian lending business will exceed USD 50 million.
Fingular’s Malaysian business offers both conventional and Shariah-compliant financing products: consumer financing, micro-SME financing with terms of up to 14 months, and AhaPay, a BNPL service used by more than 2,000 merchants that offers merchant BNPL and QR-linked payment solutions. Overall, Fingular’s financial platform in Malaysia has more than 2.6 million registered users.
“We are pleased to welcome Singapore-based Silverstreak to our group of institutional lenders, which already includes investors and funds from Japan and the European Union,” said Konstantin Barabanov, General Manager of Fingular. “Since the beginning of 2026, Fingular Group has significantly strengthened its financial position: paid-up capital has grown fivefold to USD 37 million, and our capital adequacy ratio now exceeds 25%, providing a solid foundation for further balance-sheet growth. The group has been profitable every quarter since Q4 2025.”
“Malaysia remains our priority market, where we see the strongest opportunities for growth and long-term shareholder value creation. Our ambition goes beyond building our core lending business: we aim to develop a comprehensive, multi-service financial platform that provides diverse segments of the population, including underserved communities, with access to a broad range of financial services. Our partnership with Silverstreak will help us advance this vision more efficiently and accelerate its execution,” added Barabanov.
“This investment reinforces our strategy of backing lending fintech platforms that leverage cutting-edge technology to advance financial inclusion across Emerging Asia with long-term capital,” said Rajarajan Mohan, Chief Investment Officer of Silverstreak. “Fingular has built a growing ecosystem of consumer financing, BNPL and Shariah-compliant products that makes finance more accessible to underserved consumers. We look forward to growing our partnership as Fingular continues to scale.”
The facility will be monitored continuously through SilverstreakIQ, the proprietary risk management and analytics platform of Silverstreak Analytics, giving ongoing visibility into credit and portfolio performance.
About Fingular
Fingular is an international fintech group managed by a consortium of private and institutional investors. Founded in October 2021 and headquartered in Kuala Lumpur, the group builds full-stack financial platforms that serve as a one-stop shop for consumers and MSMEs, covering their everyday financial needs in one place. Its offering ranges from loans, credit lines and buy-now-pay-later to payments, cards, wallets and financial planning, in both conventional and Shariah-compliant formats.
Malaysia is Fingular’s core market, where its ecosystem, including the AhaPay BNPL service and moneylending for consumers and MSMEs, serves more than 2.6 million users and ranks as the country’s second-largest non-bank lender after Shopee by financing disbursed. Fingular Group has been profitable every quarter since Q4 2025 and is funded by institutional lenders from Japan, the European Union and Singapore.
About Silverstreak
Silverstreak is a Singapore-based investment group. Its Private Credit Long-Term Strategy provides long-term capital to non-bank financial institutions across Emerging Asia. Silverstreak Asset Management Company Singapore Pte. Ltd. holds a Capital Markets Services licence from the Monetary Authority of Singapore. The group also includes Silverstreak Analytics, which operates SilverstreakIQ, a proprietary platform for monitoring credit and portfolio performance.
Media contacts
Fingular: pr@fingular.com
Silverstreak: info@silverstreakanalytics.com