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Strategic partnership aims to help SMEs seize growth opportunities
Singapore, July 13, 2021-(ACN Newswire)-Opal, the major payment institution authorized by the Monetary Authority of Singapore (MAS) and Funding Societies, the largest digital financing platform for SMEs in Southeast Asia, have launched a partnership , To provide a series of financing solutions for Opal’s customer and partner ecosystem. The partnership aims to provide Opal customers and partners with financing channels to meet short-term cash flow needs and take advantage of growth opportunities.
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| Lim Ming Wang, co-founder of Opal |
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| Shrawan Saraogi, Funding Association Partner and Product Leader |
Under this partnership, Opal will provide small and medium enterprises (SMEs) with a series of financing solutions from Funding Societies, which will be able to obtain multiple financing solutions at relatively low interest rates and faster processing times. In addition, in order to reduce the financial burden of small and medium-sized enterprises, Opal and Funding Societies will reduce the handling fees of all expenditures, up to 50% of the loan amount, and completely waive facility fees for all product lines.
Opal co-founder Lim Ming Wang said: “The growth based on MAS…
The full story on Benzinga.com
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