Funding Societies

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
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. 
Funding Societies, Proton to provide financing to dealers
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 appoints Chai Kien Poon country head
Funding Societies Malaysia has announced the appointment of Chai Kien Poon as country head of Malaysia. 
Funding Societies bags US$50 mil credit facility with HSBC
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 launches Guaranteed Investment Notes
Funding Societies helps investors earn more consistent returns through its Dealer Financing and Guaranteed Investment Notes.
Funding Societies acquires CardUp, drives payment expansion
Funding Societies has announced that it is acquiring regional payments solution, CardUp, for an undisclosed amount. 
Funding Societies expands finance offerings for micro SMEs
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 announces co-investment in Bank Index
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. 
Pantas, Funding Societies launch finance solutions for SMEs
Fintech startup Pantas has partnered with Funding Societies to launch an automated invoice financing facility for small and medium enterprises (SMEs) in Malaysia. 
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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