Samsung Invests in Funding Societies, a Marketplace Lending Platform
Funding Societies has received an investment from
Samsung Venture Investment Corporation, according to a note from the Fintech. Details on the investment were not disclosed. Samsung Venture is an investment arm of the South Korean conglomerate, Samsung Group, and has been an active investor in the Fintech sector.
“We are honoured to work with Samsung as an investor, as we find them a strategic and collaborative partner, in our journey to enable growth for SMEs and create wealth for lenders. We will continue to strive to be a digital finance provider of choice and to make a positive impact in our home countries across Southeast Asia,” said
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