Southeast Asian fintech firm Funding Societies—known as Modalku in Indonesia—is planning to raise $40 million in its latest funding round, according to regulatory filings accessed by DealStreetAsia. The firm had last week announced securing an unspecified investment as part of the same round from Malaysian sovereign wealth fund Khazanah Nasional and CGC Digital Sdn Bhd, a Malaysia-based… Source link
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SINGAPORE – Wechat: ThinkSMEhttps://www.behance.net/thinksme The issuer is solely responsible for the content of this announcement. Think SME Pte Ltd Established in 2013, Think SME, a Xero cloud accounting software partner, is a major accountancy and corporate service provider headquartered in Singapore, with offices in Malaysia, India and The Philippines. The company aims to be a… Source link
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Amid increasing demand and political instability in Hong Kong and China, Think SME’s expansion promises affordable but expert support for foreign business owners and entrepreneurs who wish to set up business in Singapore. SINGAPORE – Media OutReach Newswire – 8 January 2024 – Think SME, a leading accountancy and corporate service provider headquartered in Singapore, today announced its… Source link
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[This is a sponsored article with Employment Hero.] During the peak of COVID-19’s lockdowns, companies around the globe had no choice but to figure out remote working. But as we came out on the other side of the pandemic, we’ve either returned to the office full time, decided to permanently remote work, or taken on some form of hybrid arrangement. As our world at work continues to change,… Source link
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A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global SME Accounting Software. On the basis of historic growth analysis and current scenario of SME Accounting Software place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of… Source link
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Ambassador Azhar also shared Malaysian SMEs’ experience during the COVID-19 pandemic in surviving their businesses. Malaysia has encouraged SMEs to transform into digital marketing or online businesses to reduce unnecessary costs. Pakistan has the potential for trade and investment to be expanded and should explore digital marketing… Source link
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PRESS RELEASE Published January 3, 2024
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Singapore – Following the company’s commitment to enhancing financial accessibility to MSMEs, Khazanah Nasional Berhad, in collaboration with CGC Digital, has recently announced a strategic investment in Funding Societies, a small and medium enterprise digital finance platform in Southeast Asia. The investment targets expansion in areas beyond Kuala Lumpur, Selangor, Penang, and Johor, with… Source link
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ACCORDING to Bank Negara data, the second quarter of 2023 saw a slight increase in the country’s economy, with growth of 2.9%; a decrease from the 5.6% growth in the first quarter. Even though it has made economic progress, Malaysia nonetheless struggles with the stigma of chronic poverty. The struggle for survival has become more intense for those less… Source link
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SINGAPORE, Jan. 3, 2024 /PRNewswire/ — Khazanah Nasional Berhad (“Khazanah”) and CGC Digital Sdn Bhd (“CGC Digital”) announced an investment into the largest unified small and medium enterprise digital finance platform in Southeast Asia, Funding Societies | Modalku (“Funding Societies”), to broaden financing access to unserved and underserved businesses. (L-R: Funding… Source link
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