Funding Societies expects to distribute RM100mil by end of 2023

Chai says Funding Societies Malaysia's suite of syariah-compliant financing solutions aims to help underserved MSMEs seeking to grow their business.

DIGITAL finance platform for small and medium enterprises Funding Societies Malaysia expects to distribute at least RM100mil in funding by year-end through its Islamic financing product collection, which includes Business Term Financing-i, Micro Financing-i and Invoice Financing-i.

Funding Societies Malaysia country head Chai Kien Poon says its suite of syariah-compliant financing solutions aims to help creditworthy, underserved Malaysian micro, small and medium enterprises (MSMEs) seeking to grow their business.