Funding Societies
Singapore-based Funding Societies raises $18M in debt, on track to raise $120M
It is on track to raise $120 million in institutional debt for funding the growth needs of MSMEs in Southeast Asia.
Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia
Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in 2022.
Singapore-based SME digital financing platform Funding Societies gets financial backing from Samsung
Funding Societies, an SME crowdfunding and alternative investment platform based in Singapore, became a recipient of an undisclosed amount of funding support from Samsung Venture Investment Corporation (SVIC), the venture capital arm of Samsung Group
