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Fintech firm Funding Societies secures $25M from Japan's Cool Japan Fund to expand SME financing in Southeast Asia.
Singapore-based fintech Funding Societies raised $25 million from Japan's Cool Japan Fund (CJF), marking CJF's first fintech investment in Southeast Asia.
The funds will expand SME financing and payments services in Singapore, Indonesia, Malaysia, Thailand, and Vietnam.
This partnership aims to support Japanese companies expanding in Southeast Asia, fostering commercial ties and boosting demand for Japanese products and services.
Funding Societies has provided over $4 billion in financing to about 100,000 SMEs.
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La firma Fintech Financing Societies asegura $25M del Fondo de Japón Cool Japan para expandir el financiamiento de las PYMES en el sudeste asiático.