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Funding Societies partners Haulio to provide ready credit to hauliers

  • Portfolio company
  • May 12, 2021

By Jeremy Soh, Anqi Chen, Weisheng Neo

Tags: Data, Consumer Insights

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Southeast Asia’s largest SME digital financing platform, Funding Societies, is partnering Singapore’s leading haulier network, Haulio, to speed up payments to the latter’s fleet of haulier partners across the region. This allows Haulio’s partners to enjoy access to early payment services in as short as seven days, as compared to the industry’s standard of 30 days or more, according to the release.

The companies noted that this collaboration is the first of its kind across the fintech and haulage sectors and aims to benefit more than 90 per cent of hauliers in Singapore within Haulio’s network.

Read more at: https://www.businesstimes.com.sg/sme/funding-societies-partners-haulio-to-provide-ready-credit-to-hauliers

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