Company Profile: EDUdebt Pte. Ltd.
Overview
EDUdebt Pte. Ltd. is a prominent financial services company headquartered in Singapore, established in 2017. As a privately held entity employing between 11 to 50 individuals, the company specializes in debt consultancy. It aims to assist clients in achieving debt freedom through structured debt repayment plans and financial education, offering non-obligatory, confidential consultations.
Services and Solutions
EDUdebt provides a comprehensive range of debt management services focusing on alleviating various types of debts. These services include:
- Credit Card Outstanding Loans
- Bank Loans
- Licensed Money Lender Loans
- Hire Purchase Loans
- Unsecured Loans
- Legalities and Lawyer Letters from Banks
Additionally, the company provides guidance for managing financial obligations such as outstanding utility bills, student loans, and company bonds. Their approach involves conducting a thorough assessment of clients' financial situations and offering personalized solutions tailored to individual needs.
Professional Background
The company is led by Abbas Hamzah, the Founder and CEO, who possesses a background in debt management. He is committed to helping individuals achieve debt freedom effectively, without the necessity of incurring additional loans.
Market Position
Since its inception, EDUdebt has positioned itself as a leading debt consultancy service in Singapore. The company is known for its customer-focused approach and has assisted over 4,764 clients since 2016. It has reportedly saved clients over $25 million in interest payments through effective debt reduction strategies.
Initiatives and Engagement
EDUdebt advocates for financial literacy, emphasizing strategic debt management and financial planning. The company's services are available to Singapore residents, citizens, and those holding valid work passes. EDUdebt encourages open communication for consultations, providing people in financial distress with strategies for achieving financial stability.
Location
The primary office of EDUdebt Pte. Ltd. is located at 1 Yishun Industrial Street 1, #03-12, Singapore 768160.
Competitor Profile
Competitors
1. Finanztip
- Headquarters: Munich, Germany
- Founded: 2013
- Industry: Business Content and Financial Education
- Specialties: Investment, taxes, insurance, credit, and financial advice
Finanztip, based in Germany, offers a wide range of financial guides and educational content. Operating under a foundation model, it provides investment advice and consumer education via newsletters and podcasts.
2. Money Mentors
- Headquarters: Calgary, Alberta, Canada
- Founded: 1997
- Industry: Financial Services
- Specialties: Credit counseling, money management, debt consolidation, financial literacy
Money Mentors is a Canadian not-for-profit agency offering credit counseling and debt consolidation. It is the exclusive administrator of the Orderly Payment of Debts program in Alberta.
3. Strategic Vision Investment Limited
- Headquarters: Hong Kong
- Founded: 2014 (rebranded in 2020)
- Industry: Investment Management
- Specialties: Long/Short equity strategies, deep-dive fundamental research, mega-trend investments
Strategic Vision Investment specializes in investment management, focusing on long-term equity strategies with a strong presence in the Greater China region.
4. EduDelphi Education Pvt. Ltd.
- Headquarters: Kolkata, West Bengal, India
- Founded: 2017
- Industry: E-Learning Providers
- Specialties: Online professional certification, accounting courses, digital marketing courses
EduDelphi Education provides online training and certification courses, particularly in finance and accountancy, with operations in India and Dubai.
5. Edudemia
- Headquarters: Vancouver, British Columbia, Canada
- Founded: 2019
- Industry: Education
- Specialties: Remote learning, academic tools, digital education solutions
Edudemia is an innovative platform in Canada, emphasizing remote learning through advanced technologies like Web 3.0.
This comprehensive report unifies the company and competitor profiles of EDUdebt Pte. Ltd., capturing its market position, services, and key competitors within the financial services industry.
