Acronis and Minterest Jointly Launch Acronis #CyberFit Financing in Singapore to Help Businesses Combat COVID-19 Disruptions
SINGAPORE, June 22, 2020 /PRNewswire/ -- Acronis, a global leader in cyber protection, and Minterest, a leading Singapore-based online financial services solutions provider, have joined forces to launch Acronis #CyberFit Financing, Powered by Minterest to provide Singapore-based businesses with financing support to remain resilient and #CyberFit with the COVID-19 pandemic.
The unprecedented COVID-19 pandemic has forced businesses globally to operate remotely and people – to work from home. Very often, they work with unsecured digital networks and are vulnerable to cyber-attacks.
As a cyber protection company, Acronis is dedicated to helping organizations safeguard their data, applications, and systems so they can remain productive and avoid costly downtime. During the COVID-19 outbreak, essential services such as supermarkets, drug stores, medical services, mechanical services, police, and governmental agencies will need cyber protection to be #CyberFit so their IT infrastructure remains protected and operational.
Serguei Beloussov, Founder and CEO of Acronis, said: "Cybercriminals are ruthless - they see the coronavirus pandemic as an opportunity to target new vulnerabilities such as those caused by many staff migrating to home offices. Now more than ever, cyber protection should be a key concern for every business, as a data breach that costs a company valuable data can cripple even large organizations. Acronis Cyber Protect Cloud is a solution we have developed to combat this global threat. Acronis is dedicated to doing our part to help businesses both in the digital and the real world. With support from our capable partners at Minterest, we hope to provide streamlined access to vital funding to ensure business continuity for as many Singapore businesses as possible."
Beyond the heightened cybersecurity risk, with the coronavirus outbreak slowing down economies and disrupting supply chain networks, many managed service providers, hosting companies, SMEs and home businesses are also faced with urgent cash flow issues. Through this partnership, Acronis and Minterest hope to empower businesses by providing easy access to customised financing solutions to tide them through this difficult period and to build their cybersecurity capabilities to ringfence their businesses. Minterest is able to bring speed to lending, as it is able to process and approve loan applications within 48 hours, upon full submission of necessary documents.
Charis Liau, CEO of Minterest, commented: "The COVID-19 outbreak has sent shock waves throughout the global economy and many companies are facing deteriorating business conditions and cash flow liquidity crunches. We are pleased to partner with Acronis to accelerate the access to financial aid for Singapore-based firms. We want to be here for them; not just get through the pandemic, but beyond that as well."
All companies and limited liability partnerships registered in Singapore are invited to sign up via the Acronis #CyberFit Financing, Powered by Minterest starting from 22 June, 2020.
For enquiries, please contact:
Tel: +65 9643 9080
Tel: +65 6386 8623
Acronis sets the standard for cyber protection through its innovative backup, anti-ransomware, disaster recovery, storage, and enterprise file sync and share solutions. Enhanced by its award-winning AI-based active protection technology, blockchain-based data authentication and unique hybrid-cloud architecture, Acronis protects all data in any environment – including physical, virtual, cloud, mobile workloads and applications – all at a low and predictable cost.
Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million personal users and 500,000 businesses, including 100% of the Fortune 1000 companies. Acronis' products are available through 50,000 partners and service providers in over 150 countries in more than 30 languages.
For more information, please visit www.acronis.com.
About Acronis #CyberFit Financing
Acronis #CyberFit Financing aims to help provide Acronis' cyber protection services to as many in need of it as possible – providing access to the financial aid small businesses need to weather the economic downturn, and ensuring the managed service providers that support these essential services will be able to continue delivering the cyber protection they need.
For more information, please visit www.acronis.com/en-us/lp/financing-world.
About Minterest Group
The Minterest Group is a Singapore-based online financial services solutions provider that connects borrowers with investors. Established in 2016, it is a leading non-bank fintech group with dual licences in Singapore enabling the group to facilitate, by leveraging on technology, corporate loans through marketplace lending and personal loans at customised interest rates. It has a cumulative deal origination volume of over S$88 million in Singapore.
Backed by ARA Asset Management and regulated by the Monetary Authority of Singapore, Minterest aims to bring funding to businesses that are constrained by various requirements of conventional finance providers. To help small businesses stay afloat during this COVID-19 pandemic, Minterest has been administering a S$8 Million SME Help Fund set up by John Lim's family office (JL Family Office), ARA Asset Management and The Straits Trading Company.
Minterest is founded on the belief that everyone is entitled access to financial solutions to meet their corporate and individual requirements. Using the team's deep financial experience and expertise, Minterest offers relevant financial and investment solutions to both borrowers and investors through the use of technology.
For more information, please visit www.minterest.sg.
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