Funding Societies CEO Wong Kah Meng(pic) said among measures taken are assessing the impact of Covid-19 and the ongoing movement control order (MCO) on its SME clients’ repayment capabilities.
KUALA LUMPUR: Funding Societies, a peer-to-peer (P2P) financing platform, has taken a multi-pronged approach to further tighten its risk assessment processes to ensure investment by clients remain protected while continuing to support the underserved small and medium enterprises (SMEs) who are affected by the Covid-19 outbreak.
In a statement yesterday, its co-founder and chief executive officer Wong Kah Meng said among measures taken are assessing the impact of Covid-19 and the ongoing movement control order (MCO) on its SME clients’ repayment capabilities.
Limited time offer:
Just RM5 per month.
