Tag "Funding Societies"
Khazanah, CGC Digital Invests in Funding Societies to Bridge RM 90B Funding Gap
Malaysia’s sovereign wealth fund Khazanah Nasional and CGC Digital have made a strategic investment in SME digital financing platform Funding Societies. The sum was not disclosed. The investment is expected to enable Funding Societies to expand its reach beyond beyond
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Funding Societies and HDC Join Forces to Boost Halal Business Financing
SME digital financing platform Funding Societies has tied up with the Halal Development Corporation (HDC) to provide Shariah-compliant digital financing to halal businesses. The partnership was officially cemented through a Memorandum of Agreement, signed by Syarina Hyzah Zakaria, Partnerships Lead
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Funding Societies, SME Corp to Disburse RM6M in Financing for Bumiputera MSMEs
SME Corporation Malaysia and SME digital financing platform Funding Societies have launched a new funding initiative called the Bumiputera MSMEs Financing Initiative (BMFI). The BMFI will allocate an initial fund of RM6 million to Bumiputera youth entrepreneurs who participated in
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Funding Societies Journey from Zero to Hero
In the world of business and entrepreneurship, the story of Funding Societies and its co-founders is noteworthy. Wong Kah Meng, a Co-founder and Group Chief Operating Officer at the platform, recently solidified his commitment by clinching the Founder of the
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Funding Societies Partners With CGC Digital to Empower Malaysian MSMEs
SME digital financing platform Funding Societies has partnered with CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia (CGC) to empower MSMEs in the country. Through the partnership, CGC Digital developed a new digital credit guarantee product for CGC
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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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