Jungle

Jungle, operating under the domain heyjungle.com, was a financial technology entity headquartered in Singapore. The company commenced operations in 2019, positioning itself within the consumer finance sector.

The firm's core business was the development and provision of a financial application centered on the buy now, pay later (BNPL) model. This service was designed to offer consumers an alternative to traditional credit cards by enabling them to make purchases and pay for them in installments. The target market consisted of consumers seeking flexible credit and payment solutions at the point of sale. Jungle's revenue model was likely based on commissions charged to merchants for transactions processed through its platform.

The company operated as a private entity and secured angel investment on October 1, 2019, to fuel its initial growth. Despite its efforts to establish a foothold in the competitive FinTech landscape, the company ultimately ceased operations. PitchBook data indicates that Jungle went out of business on April 19, 2022, marking the end of its journey in the BNPL market.

Keywords: consumer finance, buy now pay later, BNPL, financial application, installment payments, Singapore fintech, credit services, payment solutions, financial technology, e-commerce payments, retail finance, alternative credit, digital payments, point of sale finance, merchant services, out of business, defunct startup, formerly angel backed, consumer lending