Tag "Funding Societies"

Here Are All The Digital Banking Contenders in Malaysia (So Far)
Editor's Pick Virtual Banking

Here Are All The Digital Banking Contenders in Malaysia (So Far)

Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021 to include new developments.   With the deadline for Malaysia’s digital banking license application being less than a day away,

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Funding Societies Disbursed RM1 Million in Financing for Foodpanda’s Merchants
Lending

Funding Societies Disbursed RM1 Million in Financing for Foodpanda’s Merchants

Southeast Asian SME digital financing platform Funding Societies has announced a partnership with Foodpanda to offer short-term digital financing solutions for registered merchants under the latter’s network. The collaboration which has collectively disbursed RM1 million in financing, enables local micro,

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Razer and Funding Societies Team up to Offer Merchants P2P Financing
Lending

Razer and Funding Societies Team up to Offer Merchants P2P Financing

Razer Fintech and Funding Societies today jointly announced a partnership to offer short-term business financing to merchants under Razer Merchant Services (RMS). According to their statement more than 20,000 micro, small, and medium enterprises in Malaysia first and subsequently across

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U Mobile to Offer Funding Societies’ P2P Financing Solution to SMEs Via GoBiz
Lending

U Mobile to Offer Funding Societies’ P2P Financing Solution to SMEs Via GoBiz

Telco operator U Mobile announced a partnership with Funding Societies to offer business financing solutions for Malaysian micro, small and medium enterprises (SMEs), as well as small office/home office (SOHO) customers via its digital payment acceptance solution GoBiz. Customers of

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Funding Societies Offers SMEs Deferments to Help Ease Cash Flow Challenges
Lending

Funding Societies Offers SMEs Deferments to Help Ease Cash Flow Challenges

Funding Societies, P2P financing platform, is stepping up efforts by offering deferment or rescheduling options to help tide small and medium-sized enterprises (SMEs) over as they face challenges brought on by the coronavirus (COVID-19) outbreak. Following first quarter of 2020,

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Funding Societies Optimistic that P2P Financing will Reach RM 1 Billion This Year
Lending

Funding Societies Optimistic that P2P Financing will Reach RM 1 Billion This Year

2019 was a strong year for Malaysia’s peer-to-peer (P2P) financing industry as total financing increased to RM521 million cumulatively and is expected to continue to thrive in 2020 with RM 1 billion in total financing, according to Funding Societies Malaysia.

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Funding Societies Teams with Carsome to Offer USD $200m Financing to Car Dealers
Lending

Funding Societies Teams with Carsome to Offer USD $200m Financing to Car Dealers

Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia, has announced its partnership with Carsome, one the region’s largest used car trading platform to offer dealer financing, a financing product offered to local car

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Funding Societies: New Expansion Could Help SMEs With Their Cashflow Woes
Lending

Funding Societies: New Expansion Could Help SMEs With Their Cashflow Woes

Funding Societies has announced that they will be launching financial services to complement their usual P2P funding platform—this time targeted at solving cashflow issues inundating SMEs. When conducting regular business, SMEs may face issues collecting invoices, especially when dealing with

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Got a Fintech Idea? Alpha Startups: Fintech Edition Wants to Help You Make It a Reality
Various

Got a Fintech Idea? Alpha Startups: Fintech Edition Wants to Help You Make It a Reality

Got a fintech idea you’re dying to turn into reality? 1337 Ventures, in collaboration with MDEC and InnoStart Capital, will be launching their accelerator programme, Alpha Startups: Fintech Edition, this July. The Alpha Startup: Fintech Edition, which runs quarterly, accepts

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UOB Inks Deal With Funding Societies To Provide Startups Access to Funding
Banking

UOB Inks Deal With Funding Societies To Provide Startups Access to Funding

UOB Malaysia today announced it will partner with Funding Societies, a regional peer-to-peer (P2P) lending platform Through the partnership, start-ups and UOB Malaysia’s small business customers can access Funding Societies’ global investor network to raise additional working capital. UOB Malaysia’s

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