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Lending to small businesses is often deemed to be too laborious, too inefficient, too risky. To some, it's simply not worth the time.So who's going to look out for small businesses in America?That’s where Asenso comes in.Asenso is the Working Capital Marketplace for small businesses,\u0026nbsp;bridging SMBs to affordable working capital that meets their unique requirements.\u0026nbsp;Our solution at\u0026nbsp;Asenso is simple:\u0026nbsp;We work with\u0026nbsp;community banks and CDFIs to offer a wide variety of small business loans under a single (digital) roofWe use our proprietary tech stack to perform\u0026nbsp;underwriting, identity verification, credit check, risk and compliance, document generation, reports generation, and disbursement\u0026nbsp;between the CDFIs and the modelWe provide\u0026nbsp;credit risk rating, to give you a greater chance of being matched with an appropriate loan productYou\u0026nbsp;get the comfort and convenience of knowing you've got a partner who can back you up when you need it most.\u0026nbsp;Through our team's Technology and Operations solutions, Asenso manages the \"legwork\" of the loan process–all the way from underwriting to disbursement–to lower the cost of processing and servicing loans, therefore allowing our partner community banks and CDFIs to offer lower-interest loans to the small business owners that need them most.Our Secret SauceOur credit rating system matches borrowers with the best funding options available. This reduces the risk for lenders and lowers the cost for borrowers.Our RevenueNow for the good news: we’ve already gotten started. 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See the QSBS here https://www.investopedia.com/terms/q/qsbs-qualified-small-business-stock.asp","answer":"Thank you for your interest in supporting Asenso Finance, Guenadi. The complete details of our investment terms for our SAFE agreement will be available for your review upon submission of our official Form C filing with the SEC. This legal document will be made available for your consideration on both our Wefunder page and also on the SEC’s EDGAR website here: https://www.sec.gov/edgar/search/. Investors who have already placed reservations in our company or those who subscribe to news update..."},{"question":"Assuming no meaningful revenue in the near future, what kind of runway (in months) will Asenso have after the $1M goal has been reached?","answer":"Hi Jaime, thank you for your question. Asenso Finance’s business model is built on sustainable growth and market focus, so we can be profitable in 18-24 months. Assuming no significant revenue–which we do not foresee–the $1M will give Asenso an 8 month period to reorganize and re-strategize the business model."},{"question":"Can you give an overview of what's in the pipeline, as well as revenue projections for 2022 and beyond?","answer":"Great question, Kevin. For 2022, our projected revenues are tied to our existing clients. In Q3 and Q4, we plan on onboarding 10-15 new clients as we launch our product. We expect for the clients to take 30-60 days to process their first loan so many of our inbound clients will not be revenue generating until 2023."},{"question":"If you onboard 10-15 clients this year, that would seemingly put you years ahead of projections in terms of client numbers. Do you also anticipate the loan volume from those clients (and subsequent revenue) coming in at the levels mentioned in the pitch?","answer":"Hi Kevin, you are correct and on point. As we meet more clients, we continue to understand the unique positioning of each CDFI in their own communities. As such, we anticipate some will process more loans than others based on their borrowers' base."},{"question":"1) At period end 12/31/21, there was $80K in revenues. Does this imply approximately $1.6MM in facilities were originated from Asenso? If so, is this from one facility or multiple? 2) If Asenso is providing the underwriting and various other necessary on-boarding tasks, does A...","answer":"Hi Andrew, Thank you for the questions. In summary, you answered most of the questions for me already. However, to clarify, Asenso is a software and servicing provider. We do not originate loans, the financial institutions does. Our system customized each of the financial institutions' underwriting requirements so it automates the loan process. Please feel free to contact me directly, and I can help further clarify any questions."}],"recent_posts":[{"id":156413,"entity_id":"wefunder:feed_item:156413","title":"Closing TODAY!","preview":"We are at +$290,000 with +380 investors as of this writing.Over 350 investors bet on Asenso–and you still can! Top up your investment if you haven’t done so yet–our community round closes TODAY at 8 PM PST | 11 PM EST!Get on the ground floor of this highly impactful opportunity.Carina","published_at":"2022-06-29T13:28:19Z","canonical_url":"https://wefunder.com/feed/156413"},{"id":156089,"entity_id":"wefunder:feed_item:156089","title":"Secure your slots now for Asenso’s Investor Brief and Q\u0026amp;A on June 16!","preview":"Only a few days until our Investor Brief on June 16, 1PM PST | 4PM EST - secure your slots if you haven’t done so already. Our Chairman Winston Damarillo, President Keny Chang, and the rest of the team will get you up to speed on everything you need to know about Asenso.\u0026nbsp;Register HERE.\u0026nbsp;Carina","published_at":"2022-06-14T15:04:03Z","canonical_url":"https://wefunder.com/feed/156089"},{"id":155863,"entity_id":"wefunder:feed_item:155863","title":"Register Now for Asenso’s Investor Brief and Q\u0026amp;A on June 16!","preview":"So many exciting things have been happening at Asenso since the last time we got in touch: We’ve launched our Working Capital Marketplace, which aims to bring affordable funding options closer to entrepreneurs that need these most. Through this Working Capital Marketplace, community banks and CDFIs can now offer more loan products to a broader audience of small businesses owners.What’s next for Asenso? Join our Chairman Winston Damarillo and President Keny Chang on Thursday, June 16 at 1:00PM...","published_at":"2022-06-02T17:42:07Z","canonical_url":"https://wefunder.com/feed/155863"},{"id":154347,"entity_id":"wefunder:feed_item:154347","title":"Just had a talk with students from Fordham University","preview":"As a Fordham University alumna, I was thrilled to introduce Asenso to a group of 70 students from the Fordham Fintech Network alongside Rachelle, our Business Development Lead. It was a great opportunity to talk about the work that we do and why we are committed to bridging the funding gap between small business owners and financial institutions such as community banks and CDFIs.We also gave these students a glimpse of what it’s like to work for a fintech startup–an environment that demands a...","published_at":"2022-04-06T19:32:22Z","canonical_url":"https://wefunder.com/feed/154347"},{"id":154030,"entity_id":"wefunder:feed_item:154030","title":"BIG BIG NEWS! 💣💣💣","preview":"We are over-the-moon THRILLED to share with you the news that our company Asenso has been selected to be one of the 56 companies (out of 1,400 applicants) selected for the Mercury Raise Seed program!Mercury is a fintech focused on providing banking products to startups, which raised nearly $5M on Wefunder in August 2021.\u0026nbsp;That’s US! Right there in the blue-green circle!Mercury, like many of you, chose us to move forward in our mission to support more financial institutions fund small busi...","published_at":"2022-03-28T20:22:59Z","canonical_url":"https://wefunder.com/feed/154030"},{"id":153328,"entity_id":"wefunder:feed_item:153328","title":"We’ve Been In The News!","preview":"Hi all! Exciting times for us at Asenso, where word of our mission to make capital more accessible to small business owners seems to be spreading.First up, we’re thrilled to have been featured in this piece by American Banker. In it, journalist Miriam Cross traces the birth of Asenso to a big win at the inaugural FDIC tech sprint. 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After all, we believe that when it comes to access to financial resources, no one should be left behind.On that note, I’m happy that more people are getting to know our...","published_at":"2022-02-17T01:42:55Z","canonical_url":"https://wefunder.com/feed/152793"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T04:18:51Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-21T23:52:51Z","as_of":"2026-06-22T04:18:51Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-21T23:52:51Z","as_of":"2026-06-22T04:18:51Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-05-31T21:37:03Z","as_of":"2026-06-22T04:18:51Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-05-31T21:37:03Z","as_of":"2026-06-22T04:18:51Z","confidence":"medium"}}}}}}