Funding Societies, Lazada in SME financing tie-up

Co-founder and chief executive officer of Funding Societies, Wong Kah Meng(pic) said his company understands the difficulties faced by e-commerce traders in securing financing to build their online business, where they are often neglected by traditional financial institutions

KUALA LUMPUR: Peer-to-peer (P2P) financing platform, Funding Societies Malaysia is cooperating with Lazada Malaysia to offer short-term and e-commerce financing, specifically for traders on Lazada e-commerce platform.

In a joint statement, they said P2P platform is an alternative option for financing which has been gaining tremendous interest over the years.