Hashtag
Men's Weekly

The funding will support the Company's expansion across Hong Kong and Southeast Asia and its continued investment in its origination and distribution technology capabilities.

Riverchain's mission

Riverchain was founded to address one of the construction industry's biggest pain points: the chronic liquidity gap faced by subcontractors. In Hong Kong alone, an estimated US$7 billion is tied up annually in payments with long or variable tenors, making it challenging for small and medium-sized enterprises to manage cash flows effectively and pursue growth opportunities.

Since January 2024, Riverchain has deployed over US$100 million in capital, supporting 115 public and private projects in Hong Kong — from large scale infrastructure initiatives including the Northern Metropolis in Hong Kong to landmark developments such as the iconic Kai Tak Sports Park. Through agile working capital solutions, Riverchain enables contractors to access funds quickly and flexibly, empowering these essential businesses to flourish while building Asia's future.

Series A fuelling growth

The closing of the US$5M Series A round follows a US$1.2 million Seed investment round that included participation from the Republic Asia Ecosystem Fund earlier this year.

With the latest fundraise, the Company is well-capitalised to expand its presence in key APAC markets where subcontractors face chronic liquidity gaps. The new capital will also accelerate investment in the Company's data-rich operating system, proprietary credit underwriting model and embedded financing solutions, enabling faster, more scalable access to working capital for its clients. On the distribution side, the investment will support the development of technology that offers transparent, institutional-grade access to the Company's alternative credit assets.

Following its latest milestone, the Company will continue to work closely with its credit facility and distribution partners, including Chong Hing Bank, ARTA TechFin, Abound Capital, Olea and others, to expand financing solutions for main contractors, subcontractors and related SMEs in the construction sector.

Leadership and investor partners

"The closing of our Series A validates our mission to empower subcontractors and provides the capital needed to scale our technology and expand our reach," said Ben Wong, Founder & CEO of Riverchain. "By combining our specialised financial products with our data-driven platform, we are actively modernising the construction industry and helping a new generation of builders grow their businesses with confidence and transparency."

Matthias Knobloch, Managing Partner & CEO at Betatron Venture Group, commented: "Despite its large size, the construction industry is only at the early stages of a significant digital transformation. Riverchain's deeply integrated approach and leading position in the market allows it to play a meaningful role in the future growth of the industry."

Adrian Cheng, Venture Builder, added: "We're at a pivotal moment where technology, finance and infrastructure are converging to drive the next wave of economic growth. Riverchain is harnessing innovation to transform construction opportunities into pathways for long-term progress across regions."

With this Series A funding, the Company will accelerate its mission of bridging the liquidity gap for subcontractors across Hong Kong and Southeast Asia. The Company's combination of liquidity, technology and strategic partnerships will enable faster, more efficient capital deployment. As the Company scales its operations and expands into new markets, it will continue to set the standard for data-driven, transparent and tailored financing solutions across the built environment.








Hashtag: #Riverchain



The issuer is solely responsible for the content of this announcement.

About Riverchain International Limited

Riverchain is a trusted provider of working capital solutions tailored to the construction industry. Through proprietary technology and deep industry expertise, we simplify access to financing, empowering construction companies to achieve growth and success. Our offerings include bespoke and competitive factoring solutions, invoice financing and cash-flow-based loans.​

Beyond financing, Riverchain delivers value-added digital solutions and collaborates with technology partners to enhance supply chain transparency across the built environment. Headquartered in Hong Kong, Riverchain serves clients across the Hong Kong and Southeast Asia region.


About Betatron Venture Group

Betatron funds early-stage B2B tech startups innovating in Asia's largest industries: construction, manufacturing, logistics, finance, trade, communications and environmental technology.

With a proven track record of identifying and scaling transformative technology companies, the firm provides both capital and strategic support to accelerate their portfolio companies' expansion.

Specialist Disability Accommodation Explained: What It Is, Who Qualifies, and How to Access It in Perth

For many Australians living with significant disability, the question of where to live — and how to live there safely and comfor...

How Smart Site Managers Source Wholesale Medical Supplies to Keep Their Teams Safe and Compliant

If you're running a construction site, a civil project, or a trade-based operation anywhere in Australia, first aid preparedness...

Unlocking Opportunities: The Power of Digital Advertising for Trades

The trades industry has long relied on traditional methods like word-of-mouth referrals, flyers, posters, and business cards. Whil...

Why Air Conditioner Sales Melbourne Are Growing With Demand for Energy-Efficient Cooling

As temperatures continue to rise in many regions, the demand for reliable cooling systems has increased significantly. Homeowner...

Building Resilient IT Support Models for Large Enterprise Environments

At scale, IT support services can't be designed around best-case scenarios. Environments managing thousands of endpoints across ...

How to choose and buy original Nemiroff vodka

Nemiroff Vodka: an assortment worth paying attention In the world of alcoholic beverages, vodka continues to be a symbol of tr...

IN THE NEWS

Vantage Data Centers Opens First Taipei Facility

16MW data center will support hyperscale demand; company hosts grand opening ceremony to celebrate milest.

Vinhomes and Nomura Real Estate Group sign MoU for strategic cooperation in real estate development

HANOI, VIETNAM - Media OutReach Newswire - 19 December 2024 - Vinhomes Joint Stock Company and Nomura Re.

6 Mistakes To Avoid When Hiring A Local Plumber

Plumbing problems are not something everyone is familiar with. Most people don’t know how to fix a le.

SonicWall Furthers its Commitment to Empowering Managed Service Providers (MSPs) by Introducing Soni…

SonicSentry MXDR empowers MSPs of all sizes to protect their customers across the entire attack s.

DHL Celebrates Five-Year Partnership with Teach For Cambodia

Since 2019, DHL Group’s GoTeach program has benefitted more than 270 young individuals in Cambodia PH.

10 Most Used Makeup Products

When it comes to makeup, we all have a few favorites. It could be a lip-gloss that you always carry in .

Health & Wellness

Specialist Disability Accommodation Explained: What It Is, Who Qualifies, and How to Access It in Perth

Hashtag.net.au - avatar Hashtag.net.au

For many Australians living with significant disability, the question of where to live — and how to live there safely and comfortably — is one of the most important and most complex they will ever f...

How Smart Site Managers Source Wholesale Medical Supplies to Keep Their Teams Safe and Compliant

Hashtag.net.au - avatar Hashtag.net.au

If you're running a construction site, a civil project, or a trade-based operation anywhere in Australia, first aid preparedness probably sits somewhere near the bottom of your planning checklist — ...

Experience ultimate comfort: the health benefits of an adjustable bed and mattress

Hashtag.net.au - avatar Hashtag.net.au

Imagine waking up each morning feeling truly refreshed, without the usual aches and stiffness. For many, a traditional flat bed can fall short in providing the tailored support needed for optimal rest...