Exciting Updates: IFS Capital Provides Solutions In Streamlining Your Business Financing Challenges

DataPost and IFS Capital Limited Announce Strategic Partnership to Drive Innovation and Streamlining Your Business Workflow With E-Invoice Solution and Financing Solution.

Singapore, 05 June 2023 - DataPost is the region’s market leader in handling secured data services, and the largest entity in this industry in Singapore, with the capacity and capability to process data into various digital and physical outputs. IFS Capital Limited (IFS Capital) is a regional provider of commercial financing services, namely Accounts Receivable Purchase (Domestic and/or Export), property financing, hire-purchase/leasing, term loans, working capital loans, and government-assisted schemes to business enterprises.

This collaboration brings together extensive industry knowledge and innovative capabilities of both companies, opening new avenues for growth and development in the rapidly evolving digital data and financing landscape. By combining their unique strengths, DataPost and IFS Capital aim to revolutionize the way customers engage with E-invoice and commercial financing services.

The partnership will focus on the following key areas:

• Innovation and Product Development: By pooling their resources, DataPost and IFS Capital will accelerate the development of cutting-edge solutions that address the evolving needs of customers in the digital and financing sector. This collaboration will foster the development of groundbreaking technologies and industry-leading products, setting new benchmarks for quality and unrivaled performance.

• Enhanced Customer Experience: By adopting a customer-centric approach, DataPost, and IFS Capital will synergistically leverage their respective strengths to deliver unparalleled customer experiences. Through leveraging advanced analytics, artificial intelligence, and machine learning capabilities, the partnership endeavors to offer customers personalized, intuitive, and seamless integrated solutions that cater to their unique requirements.

• Market Expansion: With their collective regional and global presence and expansive distribution networks, DataPost and IFS Capital will forge an alliance to explore untapped markets and expand their geographical reach. By leveraging each other's established customer base, they aim to unlock novel opportunities, penetrate untapped regions, and drive business expansion.

“DataPost is delighted to announce a partnership with IFS Capital to offer financing solutions to our clients.  As a leading secured data handling service provider and a leading electronic invoice solution provider via InvoiceNow (Singapore’s nationwide electronic invoicing network), we are delighted to offer our InvoiceNow customers a seamless, one-stop financing solution via this strategic partnership with IFS Capital. Our InvoiceNow customers will now be able to secure competitive financing to fund their businesses. This offering is part of DataPost’s strategy to offer more value-added, digital services to our customers.” Said Kevin Lim, CEO of DataPost.

Zeng Renchun, CEO of IFS Capital said, “We are delighted to partner with DataPost, aligning ourselves with a like-minded partner. Our complimentary expertise creates synergy and enables us to co-develop solutions to help Southeast Asia-based companies digitize their business workflow with E-Invoicing solutions, and bring our working capital solutions to help unlock liquidity trapped in the supply chain.”

The partnership between DataPost and IFS Capital represents a significant milestone in the digital and finance sector and signals a commitment to pushing the boundaries of possibility. With unwavering confidence, both companies envision their collaboration will redefine industry standards while cultivating positive outcomes for businesses and end-users alike.

For further information and media inquiries, please contact:

DataPost:

Datapost.com.sg

Dpsales@datapost.com.sg

IFS Capital Limited:

Ifscapital.com.sg

+65 6270 7711

info@ifscapital.com.sg

About DataPost:

Established in 1994, DataPost is the region’s market leader in handling secured data services, and the largest entity in this industry in Singapore, with the capacity and capability to process data into various digital and physical outputs.

Our secure operational environments are audited regularly by the Banks and external auditors adhering strictly to local regulatory body outsourcing guidelines. These audits address the physical and IT security controls for confidential information handling. Our experience and proficiency in providing over 40 million impressions per month and established customer base endorses DataPost to be the trusted industry leader as a Secured Data Handling Business Service provider.

DataPost is a majority-owned subsidiary of trusted services provider, ADERA Global Pte Ltd. From Smart cards manufacturing, ADERA has evolved its business model to a FinTech-driven business offering end-to-end solutions from digital ID enrolment and authentication with our biometric technologies, to cashless and secure, real-time digital payment solution.

About IFS Capital:

IFS Capital is a regional provider of commercial financing services such as Accounts Receivable Purchase (Domestic and/or Export), property financing, hire-purchase/leasing, term loans, working capital loans, and government-assisted schemes to business enterprises.

The Group also manages a diversified business portfolio from Asset Management to Insurance and FinTech.

IFS Capital was incorporated in Singapore in 1987 and has been listed on the Mainboard of the Singapore Exchange (SGX) since July 1993.