Picus Capital

SmartSolar, based in Saigon, is an EnergyTech company dedicated to decarbonizing Southeast Asia. It provides businesses with solar energy solutions, enabling them to save on electricity costs from the outset. The company's core focus is developing critical financing infrastructure to make solar energy accessible to small and medium-sized businesses (SMBs). By doing so, SmartSolar helps its customers reduce expenses and empowers its partners to reach a broader customer base.

Jet HR is a cloud-based platform designed for small and medium-sized businesses. It offers digital contract generation, payroll slip distribution, leave and expense tracking, secure device management, and access to dedicated labor consultants, aiming to streamline workforce administration and improve compliance.

Hive stores and ships products for small and medium-sized online merchants the next day. The company's multichannel integrations, D2C and B2B orders, custom packaging, and smooth return handling will help to optimize the operations. It integrates with over fifteen delivery carriers and inventory is automatically distributed between five fulfillment centers to save money and time. Hive was founded in 2020 and is based in Berlin Germany.

Coboworx develops user-friendly industrial robots and cells, primarily targeting small and medium-sized enterprises. Its innovative business model offers these businesses access to robotic solutions through transparent rental and subscription options, aiming to enhance productivity without significant upfront investment or risk.

CEEZER is a digital platform facilitating direct transactions between companies and voluntary carbon project developers worldwide. With over 3.5 million data points, it offers transparency into project quality, risk, and impact. CEEZER enables corporations to centrally manage their carbon credit portfolios and implement efficient climate actions.

Aspire is a financial operating system designed for growing businesses in Southeast Asia, headquartered in Singapore. Founded in 2018, the company offers a comprehensive suite of services that includes business accounts tailored for cross-border transactions, corporate cards, and automated invoice processing, all integrated within a unified financial management platform. Aspire's services aim to enhance efficiency and transparency in business banking, enabling clients to manage their bank accounts, credit cards, invoicing, and expenses seamlessly. Additionally, the company provides an incorporation service known as Aspire Kickstart, specifically for businesses establishing themselves in Singapore. Through its innovative solutions, Aspire seeks to streamline cash management and empower businesses to make informed financial decisions.

BHub is a Latin American company specializing in providing financial back-office solutions for small and medium-sized enterprises (SMEs). Their AI-based platform is designed to relieve entrepreneurs and accountants by allowing the full outsourcing of finance and administrative tasks. The platform includes AI agents and automations for accounts payable/receivable, accounting, taxes, and payroll. By utilizing BHub's services, clients can significantly reduce the time, costs, and labor associated with these functions.

CEEZER is a digital platform facilitating direct transactions between companies and voluntary carbon project developers worldwide. With over 3.5 million data points, it offers transparency into project quality, risk, and impact. CEEZER enables corporations to centrally manage their carbon credit portfolios and implement efficient climate actions.

WeRize is a pioneering fintech company in India that focuses on serving the financial needs of middle-class families in tier 2 to tier 4 cities, a segment often overlooked by traditional financial institutions. The firm operates a full-stack financial services platform that offers a diverse range of customized credit, insurance, and savings products tailored to the unique requirements of approximately 300 million individuals across these smaller towns. WeRize leverages a social distribution model, enabling financially literate freelancers in over 1,000 cities to sell its products within their communities, thus addressing trust issues and providing essential high-touch sales and after-sales support. This innovative approach eliminates the need for costly branch networks, allowing WeRize to maintain a scalable and economically viable business model while effectively reaching underserved customers. By utilizing proprietary technology, WeRize manages its freelance network without establishing physical locations, ensuring low customer acquisition costs and operational expenses.

Pandas is a B2B e-commerce platform that facilitates connections between Asian manufacturers and small merchants in Latin America. By leveraging foreign relationships and technology services, the company provides access to quality inventory from Asia, catering specifically to the needs of local small and micro-enterprises. This approach allows Latin American merchants to source unique products that are otherwise difficult to obtain, thereby enhancing their competitiveness in the market. Through its innovative platform, Pandas aims to streamline the supply chain and support the growth of small businesses in the region.

Xepelin is a financial technology company focused on transforming business finance for small and medium-sized enterprises (SMEs) in Latin America. It offers a comprehensive suite of digital financial services, including short-term and long-term loans, capital credits, and accounts payable financing, all accessible through its online platform. By automating financial management and enhancing access to liquidity via smart accounts, Xepelin aims to provide economic freedom for its clients. The company also emphasizes the importance of advanced financial indicators and risk assessments to streamline decision-making within the broader business ecosystem. With a workforce of over 500 employees, Xepelin is positioned to lead a new era in finance, supported by notable investors in the industry.

CEEZER is a digital platform facilitating direct transactions between companies and voluntary carbon project developers worldwide. With over 3.5 million data points, it offers transparency into project quality, risk, and impact. CEEZER enables corporations to centrally manage their carbon credit portfolios and implement efficient climate actions.

Paytron, LLC is a fintech company with a presence in both Las Vegas, Nevada, and Sydney, Australia, founded in 2015. It operates the Cocoon Technology platform, which specializes in merchant services such as credit and debit card processing, secure payment gateway solutions, and point of sale hardware. Additionally, Paytron provides a modern transaction account designed to facilitate payments, invoice approvals, and bank linking, while also enabling collaboration with accountants. The platform aims to streamline workflows for small and medium enterprises (SMEs) by automating bookkeeping, offering cash flow and risk management tools, and enhancing cross-border transaction capabilities. Through its services, Paytron helps businesses efficiently manage their finances, optimize payables and receivables, and gain insights for growth.

Multiplier is a global employment platform that enables companies to hire and manage distributed teams worldwide. Through its technology, it handles local labor law compliance, employment contracts, payroll, benefits, and taxes, allowing employers to onboard and pay international staff without establishing local entities. The platform provides a centralized dashboard to manage hiring, onboarding, payroll, expenses, holidays, payslips, and invoices, helping organizations track the global workforce while reducing costs and ensuring regulatory compliance. By simplifying the employment process and assuming regulatory responsibilities, Multiplier supports employers in expanding their teams across borders while maintaining clarity and control over employment arrangements.

Selina Finance offers innovative financing solutions for consumers and businesses, focusing on property investors and businesses seeking flexible credit facilities. Incorporated in London in 2019, the company combines expertise in real estate, finance, and technology to provide next-generation financial products tailored to modern customer needs.

CEEZER is a digital platform facilitating direct transactions between companies and voluntary carbon project developers worldwide. With over 3.5 million data points, it offers transparency into project quality, risk, and impact. CEEZER enables corporations to centrally manage their carbon credit portfolios and implement efficient climate actions.

Kalto is a B2B payment company established in 2022 and based in Mexico, dedicated to supporting small and medium-sized businesses (SMBs). The company provides software solutions that enhance cash flow management and streamline payment processes, thus reducing administrative costs for its clients. Kalto's platform integrates merchant and business-to-business payments into e-commerce marketplaces and websites, facilitating seamless payment experiences. By automating payment reconciliation, Kalto enables businesses to offer frictionless checkout solutions, ultimately boosting sales and growth opportunities for SMBs.

BHub is a Latin American company specializing in providing financial back-office solutions for small and medium-sized enterprises (SMEs). Their AI-based platform is designed to relieve entrepreneurs and accountants by allowing the full outsourcing of finance and administrative tasks. The platform includes AI agents and automations for accounts payable/receivable, accounting, taxes, and payroll. By utilizing BHub's services, clients can significantly reduce the time, costs, and labor associated with these functions.

Hive stores and ships products for small and medium-sized online merchants the next day. The company's multichannel integrations, D2C and B2B orders, custom packaging, and smooth return handling will help to optimize the operations. It integrates with over fifteen delivery carriers and inventory is automatically distributed between five fulfillment centers to save money and time. Hive was founded in 2020 and is based in Berlin Germany.

Multiplier is a global employment platform that enables companies to hire and manage distributed teams worldwide. Through its technology, it handles local labor law compliance, employment contracts, payroll, benefits, and taxes, allowing employers to onboard and pay international staff without establishing local entities. The platform provides a centralized dashboard to manage hiring, onboarding, payroll, expenses, holidays, payslips, and invoices, helping organizations track the global workforce while reducing costs and ensuring regulatory compliance. By simplifying the employment process and assuming regulatory responsibilities, Multiplier supports employers in expanding their teams across borders while maintaining clarity and control over employment arrangements.

Billie GmbH, founded in 2016 and based in Berlin, Germany, is a fintech startup focused on reinventing working capital management for small and medium-sized enterprises (SMEs). The company offers innovative lending products, including pre-financing of invoices and online factoring services. Billie's platform leverages big data analytics and digitalized processes to provide instant financing at the point-of-sale and streamline invoice factoring, helping SMEs manage their outgoing invoices efficiently without hidden fees or excessive paperwork. Additionally, Billie assists B2B online merchants in securing better payment terms through a pay-after-delivery product.

Aspire is a financial operating system designed for growing businesses in Southeast Asia, headquartered in Singapore. Founded in 2018, the company offers a comprehensive suite of services that includes business accounts tailored for cross-border transactions, corporate cards, and automated invoice processing, all integrated within a unified financial management platform. Aspire's services aim to enhance efficiency and transparency in business banking, enabling clients to manage their bank accounts, credit cards, invoicing, and expenses seamlessly. Additionally, the company provides an incorporation service known as Aspire Kickstart, specifically for businesses establishing themselves in Singapore. Through its innovative solutions, Aspire seeks to streamline cash management and empower businesses to make informed financial decisions.

BHub is a Latin American company specializing in providing financial back-office solutions for small and medium-sized enterprises (SMEs). Their AI-based platform is designed to relieve entrepreneurs and accountants by allowing the full outsourcing of finance and administrative tasks. The platform includes AI agents and automations for accounts payable/receivable, accounting, taxes, and payroll. By utilizing BHub's services, clients can significantly reduce the time, costs, and labor associated with these functions.

Founded in 2018, MODIFI operates an online platform facilitating global trade financing for small and medium-sized enterprises. It offers liquidity, flexibility, and cash flow management tools to simplify cross-border B2B transactions, enabling businesses to optimize working capital and expand internationally.

Coboworx develops user-friendly industrial robots and cells, primarily targeting small and medium-sized enterprises. Its innovative business model offers these businesses access to robotic solutions through transparent rental and subscription options, aiming to enhance productivity without significant upfront investment or risk.

WeRize is a pioneering fintech company in India that focuses on serving the financial needs of middle-class families in tier 2 to tier 4 cities, a segment often overlooked by traditional financial institutions. The firm operates a full-stack financial services platform that offers a diverse range of customized credit, insurance, and savings products tailored to the unique requirements of approximately 300 million individuals across these smaller towns. WeRize leverages a social distribution model, enabling financially literate freelancers in over 1,000 cities to sell its products within their communities, thus addressing trust issues and providing essential high-touch sales and after-sales support. This innovative approach eliminates the need for costly branch networks, allowing WeRize to maintain a scalable and economically viable business model while effectively reaching underserved customers. By utilizing proprietary technology, WeRize manages its freelance network without establishing physical locations, ensuring low customer acquisition costs and operational expenses.

Basic Enterprises Pvt Ltd operates a technology-driven platform aimed at automating the home loan process for middle and low-income households in India. Established in 2020 and based in Gurugram, the company offers a range of services that include access to multiple lenders, tracking of applications and approvals, loan sanctions, and disbursements. The platform also features an earnings tracker and eligibility calculators to assist users in navigating the home loan process. Additionally, Basic Enterprises provides integrated customer relationship management tools for home loan agents, facilitating a more efficient service delivery. By leveraging an asset-light agent network, the company aims to expedite loan disbursements and enhance the overall experience for families seeking home loans, making the process faster, simpler, and more accessible.

Multiplier is a global employment platform that enables companies to hire and manage distributed teams worldwide. Through its technology, it handles local labor law compliance, employment contracts, payroll, benefits, and taxes, allowing employers to onboard and pay international staff without establishing local entities. The platform provides a centralized dashboard to manage hiring, onboarding, payroll, expenses, holidays, payslips, and invoices, helping organizations track the global workforce while reducing costs and ensuring regulatory compliance. By simplifying the employment process and assuming regulatory responsibilities, Multiplier supports employers in expanding their teams across borders while maintaining clarity and control over employment arrangements.

Paytron, LLC is a fintech company with a presence in both Las Vegas, Nevada, and Sydney, Australia, founded in 2015. It operates the Cocoon Technology platform, which specializes in merchant services such as credit and debit card processing, secure payment gateway solutions, and point of sale hardware. Additionally, Paytron provides a modern transaction account designed to facilitate payments, invoice approvals, and bank linking, while also enabling collaboration with accountants. The platform aims to streamline workflows for small and medium enterprises (SMEs) by automating bookkeeping, offering cash flow and risk management tools, and enhancing cross-border transaction capabilities. Through its services, Paytron helps businesses efficiently manage their finances, optimize payables and receivables, and gain insights for growth.

Hive stores and ships products for small and medium-sized online merchants the next day. The company's multichannel integrations, D2C and B2B orders, custom packaging, and smooth return handling will help to optimize the operations. It integrates with over fifteen delivery carriers and inventory is automatically distributed between five fulfillment centers to save money and time. Hive was founded in 2020 and is based in Berlin Germany.

Xepelin is a financial technology company focused on transforming business finance for small and medium-sized enterprises (SMEs) in Latin America. It offers a comprehensive suite of digital financial services, including short-term and long-term loans, capital credits, and accounts payable financing, all accessible through its online platform. By automating financial management and enhancing access to liquidity via smart accounts, Xepelin aims to provide economic freedom for its clients. The company also emphasizes the importance of advanced financial indicators and risk assessments to streamline decision-making within the broader business ecosystem. With a workforce of over 500 employees, Xepelin is positioned to lead a new era in finance, supported by notable investors in the industry.

Hive stores and ships products for small and medium-sized online merchants the next day. The company's multichannel integrations, D2C and B2B orders, custom packaging, and smooth return handling will help to optimize the operations. It integrates with over fifteen delivery carriers and inventory is automatically distributed between five fulfillment centers to save money and time. Hive was founded in 2020 and is based in Berlin Germany.

Xepelin is a financial technology company focused on transforming business finance for small and medium-sized enterprises (SMEs) in Latin America. It offers a comprehensive suite of digital financial services, including short-term and long-term loans, capital credits, and accounts payable financing, all accessible through its online platform. By automating financial management and enhancing access to liquidity via smart accounts, Xepelin aims to provide economic freedom for its clients. The company also emphasizes the importance of advanced financial indicators and risk assessments to streamline decision-making within the broader business ecosystem. With a workforce of over 500 employees, Xepelin is positioned to lead a new era in finance, supported by notable investors in the industry.

Paytron, LLC is a fintech company with a presence in both Las Vegas, Nevada, and Sydney, Australia, founded in 2015. It operates the Cocoon Technology platform, which specializes in merchant services such as credit and debit card processing, secure payment gateway solutions, and point of sale hardware. Additionally, Paytron provides a modern transaction account designed to facilitate payments, invoice approvals, and bank linking, while also enabling collaboration with accountants. The platform aims to streamline workflows for small and medium enterprises (SMEs) by automating bookkeeping, offering cash flow and risk management tools, and enhancing cross-border transaction capabilities. Through its services, Paytron helps businesses efficiently manage their finances, optimize payables and receivables, and gain insights for growth.

Personio develops an all-in-one HR software for small to medium-sized companies with 10 to 2,000 employees. Its platform streamlines HR management, recruiting, talent management, and payroll processes.

Basic Enterprises Pvt Ltd operates a technology-driven platform aimed at automating the home loan process for middle and low-income households in India. Established in 2020 and based in Gurugram, the company offers a range of services that include access to multiple lenders, tracking of applications and approvals, loan sanctions, and disbursements. The platform also features an earnings tracker and eligibility calculators to assist users in navigating the home loan process. Additionally, Basic Enterprises provides integrated customer relationship management tools for home loan agents, facilitating a more efficient service delivery. By leveraging an asset-light agent network, the company aims to expedite loan disbursements and enhance the overall experience for families seeking home loans, making the process faster, simpler, and more accessible.

Selina Finance offers innovative financing solutions for consumers and businesses, focusing on property investors and businesses seeking flexible credit facilities. Incorporated in London in 2019, the company combines expertise in real estate, finance, and technology to provide next-generation financial products tailored to modern customer needs.

Hive stores and ships products for small and medium-sized online merchants the next day. The company's multichannel integrations, D2C and B2B orders, custom packaging, and smooth return handling will help to optimize the operations. It integrates with over fifteen delivery carriers and inventory is automatically distributed between five fulfillment centers to save money and time. Hive was founded in 2020 and is based in Berlin Germany.

Personio develops an all-in-one HR software for small to medium-sized companies with 10 to 2,000 employees. Its platform streamlines HR management, recruiting, talent management, and payroll processes.

Aspire is a financial operating system designed for growing businesses in Southeast Asia, headquartered in Singapore. Founded in 2018, the company offers a comprehensive suite of services that includes business accounts tailored for cross-border transactions, corporate cards, and automated invoice processing, all integrated within a unified financial management platform. Aspire's services aim to enhance efficiency and transparency in business banking, enabling clients to manage their bank accounts, credit cards, invoicing, and expenses seamlessly. Additionally, the company provides an incorporation service known as Aspire Kickstart, specifically for businesses establishing themselves in Singapore. Through its innovative solutions, Aspire seeks to streamline cash management and empower businesses to make informed financial decisions.

Billie GmbH, founded in 2016 and based in Berlin, Germany, is a fintech startup focused on reinventing working capital management for small and medium-sized enterprises (SMEs). The company offers innovative lending products, including pre-financing of invoices and online factoring services. Billie's platform leverages big data analytics and digitalized processes to provide instant financing at the point-of-sale and streamline invoice factoring, helping SMEs manage their outgoing invoices efficiently without hidden fees or excessive paperwork. Additionally, Billie assists B2B online merchants in securing better payment terms through a pay-after-delivery product.

Founded in 2018, MODIFI operates an online platform facilitating global trade financing for small and medium-sized enterprises. It offers liquidity, flexibility, and cash flow management tools to simplify cross-border B2B transactions, enabling businesses to optimize working capital and expand internationally.

* At MoneyOnClick we are building India’s largest financial services brand for the 500 Mn lower middle income customers in 4000+ small cities (which we term as “India 4”). This customer segment has very little penetration of formal loans, insurance or saving products as existing financial service players see this segment as risky and non profitable . We have created custom lending, insurance and saving products that are tailormade to serve the needs of India4 customers. * To reach these customers at low CAC, we have built a proprietary tech enabled offline-to-online social distribution channel where we have onboarded thousands of financially literate free-lancers such as LIC agents and junior financial sector employees in 1000+ cities. Our fully automated social partner app is available in 8 Indian languages and helps us manage these partners remotely without any physical presence. * The general perception is that this customer segment is highly risky and non lendable. We are happy to share that we have been able to maintain near 0% default rates despite Covid19 . Our proprietary ML based family underwriting where we evaluate the P&L of the family and give a joint liability family loan has helped us maintain these low default rates.

Personio develops an all-in-one HR software for small to medium-sized companies with 10 to 2,000 employees. Its platform streamlines HR management, recruiting, talent management, and payroll processes.

Aspire is a financial operating system designed for growing businesses in Southeast Asia, headquartered in Singapore. Founded in 2018, the company offers a comprehensive suite of services that includes business accounts tailored for cross-border transactions, corporate cards, and automated invoice processing, all integrated within a unified financial management platform. Aspire's services aim to enhance efficiency and transparency in business banking, enabling clients to manage their bank accounts, credit cards, invoicing, and expenses seamlessly. Additionally, the company provides an incorporation service known as Aspire Kickstart, specifically for businesses establishing themselves in Singapore. Through its innovative solutions, Aspire seeks to streamline cash management and empower businesses to make informed financial decisions.

Billie GmbH, founded in 2016 and based in Berlin, Germany, is a fintech startup focused on reinventing working capital management for small and medium-sized enterprises (SMEs). The company offers innovative lending products, including pre-financing of invoices and online factoring services. Billie's platform leverages big data analytics and digitalized processes to provide instant financing at the point-of-sale and streamline invoice factoring, helping SMEs manage their outgoing invoices efficiently without hidden fees or excessive paperwork. Additionally, Billie assists B2B online merchants in securing better payment terms through a pay-after-delivery product.

Personio develops an all-in-one HR software for small to medium-sized companies with 10 to 2,000 employees. Its platform streamlines HR management, recruiting, talent management, and payroll processes.

Billie GmbH, founded in 2016 and based in Berlin, Germany, is a fintech startup focused on reinventing working capital management for small and medium-sized enterprises (SMEs). The company offers innovative lending products, including pre-financing of invoices and online factoring services. Billie's platform leverages big data analytics and digitalized processes to provide instant financing at the point-of-sale and streamline invoice factoring, helping SMEs manage their outgoing invoices efficiently without hidden fees or excessive paperwork. Additionally, Billie assists B2B online merchants in securing better payment terms through a pay-after-delivery product.

Personio develops an all-in-one HR software for small to medium-sized companies with 10 to 2,000 employees. Its platform streamlines HR management, recruiting, talent management, and payroll processes.