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The SME Funding Gap in Southeast Asia

The SME Funding Gap in Southeast Asia

Small and medium-sized enterprises (SMEs) in the Southeast Asia region still have difficulty gaining access to financing. Even though SMEs play a critical role in the economy of nearly all ASEAN countries, they still struggle to get capital loans from traditional financial institutions and banks. The lack of credit facility …

Funding Societies Named One of the Top 75 FinTech Startups in Southeast Asia

Funding Societies Named One of the Top 75 FinTech Startups in Southeast Asia

FinTech has grown rapidly over the recent years and Southeast Asia is catching up with the trend with the proliferation of new startups and FinTech innovations. Funding Societies is honoured to be included in Techsauce’s “Top 75 FinTech Startups in Southeast Asia” Annual Report. Read more about us and the …

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The Easy Guide to Crowdfunding

The Easy Guide to Crowdfunding

Growing an SME is not easy. Even if you have the guts, the willpower, and the persistence, financial problems can easily affect, or even sink your business. For years, many small-business owners rely on bank loans to fulfill their working capital needs. However, bank loans are not always suitable to …

Investing in a Post-US Election World

Investing in a Post-US Election World

Prior to US Election Day 2016, most polls had projected a Hillary Clinton victory. So to say that the eventual result was unexpected seems fair. The shock impacted the markets even before the official winner was declared. As Donald Trump’s victory became more and more assured, gold prices soared; the …

Funding Societies Won 3rd Place for MAS FinTech Awards 2016

Funding Societies Won 3rd Place for MAS FinTech Awards 2016

On 18 November 2016, the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore awarded the ten most innovative FinTech companies as part of the Singapore FinTech Festival. The MAS FinTech Awards recognises innovative FinTech solutions that have been implemented by FinTech start-ups, financial institutions, and technology companies. We …

8 Steps to Creating a Smart Financial Plan

8 Steps to Creating a Smart Financial Plan

An illuminating Straits Times article published early this year revealed the results of a poll conducted by the Financial Planning Association of Singapore (FPAS). Some unexpected and uncomfortable finds were disclosed. Only a third of Singaporeans had a comprehensive financial plan. Only 11% felt knowledgeable about financial matters. Most felt …

8 Things to Ask Yourself Before Applying for a Business Loan

8 Things to Ask Yourself Before Applying for a Business Loan

Securing funding is never easy – especially if you are an SME or small business owner. Ask yourself these questions before you prepare your loan application to maximise your chances of loan approval: 1. Why do I need a business loan? Every business loan consideration should start with this question …