Financing

Khazanah Nasional, CGC Digital invest in Singapore’s Funding Societies to broaden financing access to MSMEs
Aims to expand coverage to areas beyond KL, Selangor, Penang, and Johor Progressively offer more cash flow management solutions to power growth
U Mobile inks sustainability-linked financing valued up to US$299.7 million
U Mobile has converted its existing banking facility of up to US$299.7 million into a sustainability-linked financing
AmBank and Huawei sign MOU for sustainability financing and business solutions
AmBank and Huawei Malaysia have signed a Memorandum of Understanding to propel their organisations’ sustainability agenda.
Maybank welcomes Tesla, acts as key EV financier in Malaysia
Tesla buyers to enjoy up to 90% financing through Maybank’s EV Financing Mobilized approx US$68 mil auto financing for EV, hybrid cars in M’sia in 2022 
Funding Societies crosses US$3 bil in SME financing, doubles down beyond financing to support SMEs’ needs
Funding Societies announced it has achieved US$3 bil over more than 5 mil transactions of business financing to SMEs across Southeast Asia. 
Bridging the funding gap: Boost empowers thousands of small businesses with their first loans
Shariah-compliant capital by Boost Credit, helps MSMEs access right financing Kongsi Klub lets members earn extra cash while assisting local businesses
myTukar, Genie Malaysia records strong revenue growth
Malaysia’s digital used car ecosystem, myTukar and Genie Malaysia, have recorded strong sustainable growth.
Be Digital Wise: Choose a preferred partner that helps your business to be unstoppable with unlimited opportunities
Provides simplified access to a full suite of digital business solutions, with financing tools MSMEs gain access to over 10 million Boost users to open up new potential markets
HLB Jumpstart to provide financing for micro entrepreneurs
Hong Leong Islamic Bank rolls out a ‘HLB Jumpstart – Micro Business’ as part of its new value-based intermediation offerings. 
SC, Agro-based Agencies Eye Alternative Financing for Agriculture Sector
The SC and key agriculture agencies have discussed ways to address financing gaps faced by MSMEs involved in the agriculture sector.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021