Funding Societies has collaborated with national car maker Proton to provide credit facilities for Proton dealers to finance the purchase of cars for floor stocking.
Funding Societies Malaysia has announced the appointment of Chai Kien Poon as country head of Malaysia.
Funding Societies has announced the signing of a US$50 mil credit facility with HSBC Singapore to continue expanding the firm’s reach to underserved SMEs in the region.
Funding Societies helps investors earn more consistent returns through its Dealer Financing and Guaranteed Investment Notes.
Funding Societies has announced that it is acquiring regional payments solution, CardUp, for an undisclosed amount.
Funding Societies introduced its Shariah-compliant trade financing solutions based on Commodity Murabahah (Tawarruq) for creditworthy and underserved Malaysian micro, small, and medium enterprises.
Funding Societies announced a co-investment into Bank Index or PT Bank Index Selindo stocks, Indonesia’s private commercial bank, alongside CARRO, a Southeast Asian automotive marketplace platform.
Fintech startup Pantas has partnered with Funding Societies to launch an automated invoice financing facility for small and medium enterprises (SMEs) in Malaysia.
Funding Societies announced that it has launched Elevate, a virtual card solution for micro, small and medium enterprises in Singapore.
Funding Societies has announced that it has raised US$144 million in an oversubscribed Series C+ equity round led by Japanese venture capital fund SoftBank Vision Fund 2.