Tag: crowdfunding
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Funding Societies raises USD 7.5 mln from Norfund
Singapore-based peer-to-peer lending platform, Funding Societies, has recently secured a funding of USD 7.5 million from Norfund, the Norwegian Investment Fund for Developing Countries. Funding Societies aims to bridge the SME financing gap in Southeast Asia by providing alternative funding options through its online platform. With this latest investment, Funding Societies plans to accelerate its…
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Funding Societies raises USD 27 mln to support SMEs in SouthEast Asia
Funding Societies, a leading peer-to-peer lending platform, has successfully raised USD 27 million in funding to provide vital support to the small and medium-sized enterprises (SMEs) in SouthEast Asia. The funding will play a crucial role in helping these SMEs thrive and grow amidst challenging economic circumstances. The latest investment round was led by SoftBank…