- Maybank invests in Funding Societies
- Partnership aims to boost MSME financing across Southeast Asia
- Focus on financial inclusivity and digitalization
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Banking Giant Embraces FinTech Innovation
Malayan Banking Berhad (Maybank) has made a strategic move by investing in Funding Societies, a leading digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia.
Bridging the MSME Funding Gap
This partnership aims to promote financial inclusivity and address funding challenges faced by MSMEs. It’s part of Maybank’s M25+ strategy to accelerate digitalization through ecosystem orchestration beyond traditional banking.
A Win-Win for Southeast Asian Economies
Khairussaleh Ramli, Maybank’s CEO, emphasized their commitment to SMEs – the backbone of ASEAN economies.
By combining Maybank’s banking expertise Funding Societies’ innovative platform, they hope to create a robust SME ecosystem.