Tag: Funding Societies
The agency said the new mandates reflect early market traction after entering the Malaysian market and highlight its ability to secure work across multiple sectors shortly after launch.
Under this initiative, foodpanda merchants who meet the eligibility criteria can access financing of up to MYR100k (US$22,207). The program offers an attractive annual interest rate of 2% and a flexible repayment period of up to 24 months.
Funding Societies, a digital finance platform, has secured a US$50 million investment from Cool Japan Fund (CJF), Japan’s sovereign wealth fund.
Singapore – Following the company’s commitment to enhancing financial accessibility to MSMEs, Khazanah Nasional Berhad, in collaboration with CGC Digital, has recently announced a strategic investment in Funding Societies, a small and medium enterprise digital finance platform in Southeast Asia....
Through this new facility with HSBC, Funding Societies will be able to channel the funds via its range of financing solutions across SME segments across all its five markets.
CardUp’s payment services will be complementing Funding Societies’ lending products, to offer enhanced financial experience for SMEs in SEA.
Funding Societies aims to tap into Vietnam’s growing yet financially underserved SME landscape.
Funding Societies, alongside SEA automotive marketplace platform Carro, has announced their investment into the Indonesian bank Index Bank.
Business owners can easily apply for the card and credit line via Funding Societies' website using Myinfo Business.
Since 2019, Funding Societies has expanded its suite of financial services beyond lending and plans to bring its operations to more locations in Southeast Asia within the next 12 months.
