Tag "Funding Societies"
Funding Societies Rolls Out Islamic Financing Products For Malaysian MSMEs
Digital financing platform Funding Societies has rolled out a suite of Shariah-compliant financing solutions for creditworthy and underserved Malaysian micro, small and medium enterprises (MSMEs) seeking to grow their business. These Islamic financing solutions include Business Term Financing-i, Micro Financing-i,
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Funding Societies, CGC Sign RM10 Million Guarantee for SME Financing
SME digital financing platform Funding Societies has signed an SME Portfolio Guarantee agreement with the Credit Guarantee Corporation Malaysia (CGC) where eligible SMEs can apply for financing between RM50,000 and RM500,000. Funding Societies and CGC are extending the first tranche
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Funding Societies to Provide Financing for Proton’s Second Hand Car Dealers
SME digital financing platform Funding Societies Malaysia will provide credit facilities for PROTON dealers to finance the purchase of second-hand cars for floor stocking. Dealers who wish to apply for financing may do so via Funding Societies’ online platform. Funding
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Funding Societies Appoints M’sia Country Head, Wong Kah Meng Now Group COO
SME digital financing platform Funding Societies Malaysia announced that it has appointed Chai Kien Poon as Country Head of Malaysia. In his new role, he will be responsible for managing day-to-day operations of Funding Societies in Malaysia, as well as
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Malaysia Debt Ventures Sets up RM500K Pilot Fund via Funding Societies
The Malaysia Debt Ventures (MDV), a subsidiary of the Minister of Finance (MOF) and dedicated technology financier, is allocating a pilot fund of RM500,000 to be invested via Funding Societies, a Southeast Asian SME digital financing platform. This move aims
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Funding Societies Malaysia Surpasses RM1 Billion in Financing Disbursement
SME digital financing platform Funding Societies Malaysia, announced that it has disbursed RM1 billion in financing to micro, small and medium enterprises (MSMEs) across more than 17,000 financing deals. This milestone comes as the platform enters its fifth year of operations
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Funding Societies Launches Referral Scheme for MUFG Malaysia’s Corporate Clients
Southeast Asian SME digital financing platform Funding Societies has partnered with MUFG Bank Malaysia, a subsidiary of Mitsubishi UFJ Financial Group to launch a Referral Scheme Programme exclusively for the bank’s corporate clients in the country. The collaboration aims to
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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
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
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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