- Funding Societies receives major Japanese investment
- Southeast Asian SME platform expands reach
- Japanese businesses gain regional support
Money Talks
Southeast Asia’s largest SME digital finance platform, Funding Societies, secured a $25 million equity investment from Cool Japan Fund (CJF). This marks CJF’s first venture into Southeast Asian fintech, demonstrating growing Japanese interest in the region’s digital financial sector.
Numbers Game
The company plans to strengthen its core SME financing operations across Singapore, Indonesia, Malaysia, Thailand, and Vietnam. Since its launch, Funding Societies has facilitated over $4 billion in business financing to approximately 100,000 SMEs and processes $1.4 billion in annual payment transactions.
Japan Connection
Through this partnership, Funding Societies aims to support Japanese companies expanding into Southeast Asia.
The collaboration arrives at an opportune time, given Japanese direct investment in ASEAN averages $18.6 billion annually, representing significant growth potential for both parties.
