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Funding Societies signs third credit facility with HSBC

  • Portfolio company
  • November 8, 2024

Tags: Data, Consumer Insights

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Qualgro Partners’ portfolio company, Funding Societies, has signed a third credit facility under the HSBC ASEAN Growth fund. This latest transaction is an accumulation of over US$100 million in commitments from HSBC, and marks one of HSBC’s largest asset-backed secured facilities provided to digital SME lenders in the region.  

For more information, read here: https://fintech.global/2024/11/05/enhancing-msme-support-in-southeast-asia-funding-societies-lands-100m-from-hsbc/  

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