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Eden Exchange acquires SC Venture’s Dealcierge
Deal creates edenX, platform for SME M&A, Asia-Pacific capital raising
The Asset   20 Jan 2025

Australian fintech Eden Exchange has acquired SC Venture’s incubated Dealcierge to create the new A$50 million ( US$30.95 million ) Singapore-based platform edenX, a comprehensive, high-service marketplace for small to mid-sized mergers and acquisitions ( M&A ) and capital raising targeting the Asia-Pacific region.

The edenX platform, it notes, brings together the complementary networks, technology, IP and teams of Eden Exchange and Dealcierge to create an expanded digital and collaborative ecosystem aiming to drive market growth across Asia, Australia, New Zealand and, ultimately, beyond.

EdenX is focused, it points out, on serving the underserved sub-US$100 million small and mid-sized enterprise ( SME ) M&A and capital markets by expanding access for business buyers and sellers, ultimately providing greater deal flow and access to private capital across borders.

The platform, it says, aims to level the playing field by providing more equitable access to opportunities for its clients and partners, modernizing a fragmented industry where it is estimated that more than 97% of all businesses in Asia-Pacific are SMEs. Technology-driven dealmaking, the platform argues, improves deal velocity by increasing leads and reducing friction for players in the transactions ecosystem.

Dealcierge is an independent M&A platform incubated by SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm. SC Ventures will remain a shareholder in the combined venture.

Dealcierge brings extensive Asian networks and holds a capital markets services licence from the Monetary Authority of Singapore for dealing in capital markets products under Pegasus Dealmaking.

Eden Exchange brings its established Australian and New Zealand networks and experience of over 5000 transactions. Its DealXchange platform, the exchange adds, connects business advisers buyers and sellers, enabling fast, secure, tailored small business and franchise sales.

”This edenX platform enhances our respective capabilities to provide the accessible, tailored private deal network our region needs,” says Raghu Rajakumar, Eden Exchange’s CEO and co-founder. “Our timely marketplace will help facilitate the transfer of A$6.5 trillion of assets and wealth from baby boomers to a new generation.”