Funding Societies has raised US$144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2 and borrowed US$150 million from institutional lenders across Europe, the US and Asia, securing a total funding of US$294 million.
New investors joined the company’s equity funding round, including Vietnamese tech unicorn VNG Corporation, Asia-based global investor EDBI, Rapyd Ventures, Indies Capital, K3 Ventures and Ascend Vietnam Ventures, it said.
Read more at: https://www.businesstimes.com.sg/garage/softbank-leads-us294m-fundraise-for-singapore-lender-funding-societies
