iCare Benefits

📍 Singapore, Singapore🗓 Founded 2014👥 139 employees💰 Last funded May 2017
iCare Benefits (iCB) is a free membership-based, social benefits company and multi-channel retailer designed for both emerging market workers and employers who want to offer benefits outside the workplace. Our mission is to enhance the livelihoods of employees and their families by providing access to essential, life-changing products and services that improve their quality of life, health and well-being. Our program incentivizes workers which in turn improves employee retention, worker engagement, and productivity. Launched first in 2014 in Vietnam, iCB now reaches millions of workers at the base of the economic pyramid across 4 Asian markets including Laos, Cambodia, and Indonesia. iCB is a market-driven solution for improving the welfare of workers while also reducing turnover and extending the reach of retailers and service providers. We bridge the retail and financing gap through an innovative credit mechanism combined with zero-percent interest installment payments and salary deduction. More than just a digital payment method or marketplace, iCB enables workers to accumulate assets and increase their purchasing power while simultaneously protecting them from debt through automated spending limits. No longer is it necessary to pawn assets or borrow from loan sharks as iCB makes access to retail and finance easy, seamless, and cashless. As iCB members, workers stop living paycheck to paycheck and instantly enjoy living for tomorrow!
3
Total investors
0
Early stage
3
Mid stage
0
Late stage
2014
Founded
Investor geography2 countries
India
1
Singapore
1
Frequently asked questions
Who invested in iCare Benefits?
iCare Benefits has 3 investors on record on gritt.io, 3 mid-stage.
When did iCare Benefits last raise funding?
The most recent investment in iCare Benefits recorded on gritt.io was in May 2017.
When was iCare Benefits founded?
iCare Benefits was founded in 2014.
What industry is iCare Benefits in?
iCare Benefits operates in Retail. Find similar Retail investors on gritt.io.
Where is iCare Benefits based?
iCare Benefits is headquartered in Singapore, Singapore.