Fintech big help, says survey

CoIt said the survey was conducted to mark half a decade of the fintech’s lending by measuring the social and economic impact of the funding to Funding Societies-linked micro, small and medium enterprises (MSMEs) in 2018 and 2019 across Singapore, Indonesia and Malaysia.

PETALING JAYA: A survey by South-East Asia’s largest SME digital financing platform, Funding Societies, reveals that 72% of the respondents expect their revenues to decrease if not for the fintech’s business financing.

It said the survey was conducted to mark half a decade of the fintech’s lending by measuring the social and economic impact of the funding to Funding Societies-linked micro, small and medium enterprises (MSMEs) in 2018 and 2019 across Singapore, Indonesia and Malaysia.