3 Jan 2024
Funding Societies secures investment from Khazanah Nasional and CGC Digital
Funding Societies Malaysia has secured investments from Khazanah Nasional Bhd and CGC Digital Sdn Bhd to expand coverage in Malaysia beyond major cities with a target of serving more than 25,000 micro, small, medium enterprises (MSMEs) by end of 2025
8 Dec 2023
Thai fashion brand Pomelo enters Cambodia
Thai omnichannel fashion retailer Pomelo will launch in Cambodia in the first quarter of next year with physical stores and an e-commerce platform.
6 Dec 2023
Webuy Global Announces MOU to Acquire PT. Tiga Sakti Utama (TSU)
Webuy Global Announces MOU to Acquire PT. Tiga Sakti Utama (TSU), a Leading Indonesian Fruit Importer and Wholesaler in Surabaya, Indonesia
29 Nov 2023
Funding Societies inks partnership with Halal Development Corp to develop halal ecosystem
Funding Societies has inked a strategic partnership with Halal Development Corp Bhd (HDC) to offer halal businesses access to shariah-compliant digital financing facilities
2 Nov 2023
Funding Societies bags $7.5m in debt from Norwegian investment fund
Funding Societies, a Singapore-based fintech firm, has secured US$7.5 million in debt funding from Norwegian state-owned investor Norfund
26 Sept 2023
Funding Societies raises US$27 million in debt funding from institutional investors
Modalku Ventures Sdn Bhd, the operator of Funding Societies Malaysia, has raised a debt of US$27 million (RM126 million)
24 Aug 2023
Singapore’s HAPPIEE! Launches Vegan Shrimp & Squid With British Retailers Tesco and Ocado
Singaporean plant-based brand HAPPIEE! – a subsidiary of Growthwell Foods – has secured listings with UK retailers to introduce its vegan frozen seafood range to the market. The company’s plain and breaded seafood alternatives are already available at online retailer Ocado, and will launch at Tesco – the UK’s largest supermarket – next month.
19 Apr 2023
Funding Societies crosses US$3 bil in SME financing, doubles down beyond financing to support SMEs’ needs
Funding Societies announced it has achieved US$3 billion (RM13.4 billion) over more than 5 million transactions of business financing to small and medium-sized enterprises (SMEs) across Southeast Asia.