Springboard Capital Ltd shares a rich history spanning over two decades from conceptualization and over ten years as a formal lending institution. The journey began in the year 2000 when a group of friends came together to form a social welfare group. The primary objective was to support one another in various social matters, including education, bereavements, weddings, and graduations, among others. This collaborative initiative laid the foundation for what would later evolve into a formidable financial institution.

By 2004, the members recognized the potential of their collective efforts and decided to expand their activities to include an investment arm. This shift led to the formal registration of Springboard Holdings Limited, comprising the same shareholders as the welfare group. With a shared vision of financial empowerment, the shareholders significantly increased their contributions, enabling them to aggressively pursue various investment opportunities.

A major transformation occurred in 2010 when the holding company diversified into credit lending, initially targeting its own members with short-term financial solutions.

The firm’s effective management and strategic approach resulted in rapid portfolio growth. By the end of that year, the lending portfolio had more than doubled, prompting members to separate the lending activities from the investment arm for more focused growth.

This pivotal decision led to the birth of Springboard Capital Ltd, which was officially registered in January 2011 as an independent entity solely focused on credit lending.

Since then, Springboard Capital Ltd has grown into a fully-fledged microfinance institution, offering a diverse range of credit facilities to customers across the country.