Funding Societies lauds Budget 2023 initiatives

“As a participant of the Malaysia Coinvestment Fund in providing social enterprises with much-needed access to capital, we welcome the additional RM40mil allocated for alternative financing," said Chai.

PETALING JAYA: Funding Societies, the largest small and medium enterprise (SME) digital financing platform in Malaysia and South-East Asia, has lauded the various initiatives supporting SMEs under the revised Budget 2023.

Funding Societies Malaysia country head Chai Kien Poon said cash flow is the lifeblood of any business, and more importantly, is pivotal to an SME’s sustainability.