Funding Societies, Southeast Asia’s largest SME digital financing platform, announced that it has raised US$18 million in debt led by a trio syndicate of financial institutions including Helicap Investments, the newly launched Social Impact Debt Fund, and a Japanese financial services group.
The Social Impact Debt Fund, an impact investment fund managed by Taurus Wealth Advisors and advised by GreenArc Capital, provided debt financing to Funding Societies seeing the impact the latter has affected on the region’s economic disparity.
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