Funding Societies

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. 
Funding Societies unveils virtual card 'Elevate' for SMEs
Funding Societies announced that it has launched Elevate, a virtual card solution for micro, small and medium enterprises in Singapore. 
Funding Societies raises Series C+ round of US$144mil
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.
Funding Societies launches ‘Top Up & Invest’ campaign
Funding Societies has launched its highly anticipated ‘Top Up & Invest’ campaign for the year end season to help investors grow their investments while earning attractive prizes.
Funding Societies raises US$18mil debt from Japanese and Singaporean impact investors
AI-driven credit model proved resilience during pandemic On track to raise US$120mil in institutional debt for funding SEA’s SMEs  
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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