βWe want to pay it forwardβ: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia
18 December 2024 at 17:00
Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asiaβs GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks [β¦]
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