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Funding Societies hits S$100m in crowdfunded loans for SMEs

Published Tue, Jan 23, 2018 · 09:50 PM

Singapore

FUNDING Societies, a Singapore-based peer-to-peer (p2p) lending platform, has cracked the S$100-million mark in total crowdfunded loans for SMEs (small and medium enterprises) across Singapore, Indonesia and Malaysia.

This is the highest total crowdfunded amount achieved by any p2p lending platform in South-east Asia, Funding Societies said on Tuesday.

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