KUALA LUMPUR: Khazanah Nasional Bhd and CGC Digital Sdn Bhd are investing in Southeast Asia's largest unified small and medium enterprise digital finance platform, Funding Societies | Modalku, to broaden financing access for micro, small and medium enterprises (MSMEs).
In a joint statement today, the companies said that following the investment, Funding Societies would aim to expand its Malaysian coverage to areas beyond Kuala Lumpur, Selangor, Penang and Johor, with the target to serve more than 25,000 MSMEs nationwide by the end of 2025.
Already a subscriber? Log in
5.5 PAYDAY OFFER: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
