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HSBC Supports Funding Societies With Third Credit Facility to Support APAC Businesses

The Fintech Times

Southeast Asian digital finance platform for micro, small and medium enterprises (MSMEs), Funding Societies , has signed its third credit facility with HSBC under its ASEAN Growth Fund. Furthermore, it is amongst one of the largest asset-backed secured facilities extended to digital SME lenders in Southeast Asia.

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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. Four finalists were shortlisted in each category.

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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

Endowus Endowus illustration, Source: Endowus Founded in 2017, Endowus is a leading independent digital wealth platform in Asia, licensed by the Securities and Futures Commission of Hong Kong and the Monetary Authority of Singapore (MAS). In 2023, the Group expanded its offerings into Germany, signaling its entry into the European market.

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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

Akseleran connects small businesses in need of loans with groups of diverse lenders to secure necessary funding. Investors, meanwhile, can participate in private credit through CapBay’s P2P financing platform, which is licensed by the Securities Commission Malaysia.