🇸🇬Singapore·Startups·28 Oct 2026·via Fintech News Singapore

    Choco Up Taps John Lim as Senior Advisor for Fundraising, Expansion

    Choco Up, an SME financing platform, has appointed John Lim as Senior Advisor to guide its fundraising, strategic partnerships, and regional expansion efforts. Lim co-founded ARA Asset Management, which was acquired for US$5.2 billion, and currently chairs JL Family Office, managing over US$1 billion in investments.

    Choco Up's appointment of John Lim as Senior Advisor indicates a strategic move to leverage established industry connections for its regional growth ambitions. As an SME financing platform, Choco Up aims to make growth funding and industry networks more accessible to small and medium-sized enterprises across the Asia-Pacific region. Lim's role will specifically focus on strengthening ties with venture capital firms, family offices, and other financial institutions.

    Lim brings extensive experience from co-founding ARA Asset Management, a company acquired for US$5.2 billion, and chairing JL Family Office, which has invested more than US$1 billion across various markets. This background suggests Choco Up is seeking to tap into a network capable of securing significant capital and fostering high-level strategic alliances, crucial for a platform looking to expand its footprint and impact.

    The move also reflects a broader understanding of value beyond mere capital. Lim himself states that "the right relationships, trusted advice, and long-term thinking often make the biggest difference." This perspective aligns with Choco Up's stated aim of building an "ecosystem" through new strategic partnerships, suggesting that Lim's advisory role extends beyond transactional fundraising to shaping the company's long-term strategic direction and network development.

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