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 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 has announced that it is acquiring regional payments solution, CardUp, for an undisclosed amount.
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.
AI-driven credit model proved resilience during pandemic On track to raise US$120mil in institutional debt for funding SEA’s SMEs
Xiaomi Finance, AMTD, SP Group and Funding Societies join hands to apply for digital banking license in Singapore
Committed to creating banking solutions for SMEs, focusing on SEA and Greater China.
Matt Lambie joins as chief technology officer, Dheeraj Chowdhry as chief executive officer and Jared Goldberg as chief data officer.
Volume doubles in six months after crossing funding of US$73 million in January 2018.
This oversubscribed series B round is the largest raised by a P2P lending platform in Southeast Asia.
Partnership is first of its kind between leading fintech player and network of CFOs in the region.