Funding Societies has partnered with cloud-based accounting platform Bukku to offer real-time SME financing eligibility, allowing Malaysian small businesses to secure funding without paperwork or lengthy applications.

The integration enables Bukku users to instantly check loan eligibility based on their financial data, shared in masked form with Funding Societies upon consent.

The partnership, which began in December 2023, has already facilitated RM1 million in SME financing.

Users can access tailored offers through an embedded Financing Portal within the Bukku platform, with assessments made dynamically using aggregated accounting data.

This initiative aligns with Malaysia’s broader push towards digitalisation and e-invoicing, particularly under the LHDN-supported MyInvois system.

The integration is also in line with Bank Negara Malaysia’s efforts to broaden financing access for underserved micro and small businesses, which account for the majority of enterprises in the country.

Looking ahead, Funding Societies and Bukku are exploring further integration features, such as instant pre-approvals, embedded invoice financing, and improved data-sharing to reduce interest rates.

A promotional offer runs until 31 July 2025, providing cashback for eligible Bukku users who receive financing through the partnership.

“With the introduction of Instant Qualification, we’re helping SMEs get pre-approved financing at the speed of their business – not the speed of paperwork. This is part of our broader goal to support Malaysian SMEs by embedding financing where and when it matters most.

The integration with Bukku allows us to assess eligibility instantly based on real-time financial data – supporting faster, more inclusive lending that aligns with Malaysia’s digitalisation ambitions.”

said Chai Kien Poon, Country Head of Funding Societies Malaysia.

“At Bukku, our mission has always been to simplify financial management for SMEs – but access to capital is just as critical. Through this partnership, we’re not just digitising accounting – we’re enabling action.

Our users now receive financing offers when they’re most needed, based on the realities of their business. That’s how embedded finance should work: timely, contextual, and effortless.”

said Jye Eng, Co-founder and CEO of Bukku.

Featured image: Edited by Fintech News Malaysia, based on image by brillenstimmer via Freepik