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Funding Societies acquires CardUp, drives payments expansion

Acquisition of the digital payments platform will take place in June and is subject to regulatory approvals The digital lender will benefit from CardUp's range of payment technologies and solutions, further expanding its financial services beyond lending SINGAPORE, June 29, 2022 /PRNewswire/ Funding Societies, Southeast Asia's largest Small and Medium Enterprises (SME) digital financing platform, today announced that it is acquiring regional payments solution, CardUp, for an undisclosed amount . Through the move, the company will acquire CardUp's payments capabilities such as card payments to non-card accepting recipients (domestic and cross-border), online payments acceptance, invoice automation tools as well as its licenses and integrations with renowned third-party business software. CardUp's payment services will complement Funding Societies' lending products, to offer a unified financial experience for SMEs across the region, enabling SMEs to manage and pay ex ....

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Exporters urged to maximize FTAs to boost trade, investments

MANILA - Filipino exporters are encouraged anew to maximize free trade agreements (FTAs) between Asean member-countries and trading partners to enhance trade and investment opportunities. But Jan Redmond Dela Vega of the Department of Trade and Industry-Bureau of International Trade Relations said that apart from markets of the United States and Japan, there is also potential in the Asean. "In terms of our performance and in terms of our agreements that are existing, we only have those in place which are the Asean FTAs. And in recent years, we see that the Asean market is also a very important component or very important trading partner of the Philippines.," he said in a recent virtual forum. Dela Vega identified top exports to Asean which are still electronic products and manufacturing goods, such as other machinery and transport. "Looking into these FTAs that we have, there is also potential for other goods and also services that we can export to other markets, not jus ....

United States , Hong Kong , New Zealand , Brunei Darussalam , Viet Nam , Rodrigo Duterte , Dela Vega , Sherrylou Marzo , Jan Redmond Dela Vega , European Free Trade Organization , Bureau Of International Trade Relations , Regional Comprehensive Economic Partnership , International Trade Relations , Asean Free Trade Area , President Rodrigo Duterte , Generalized System , Export Marketing , Sales Section , Century Pacific Food , Manila Filipino Exporters Are Encouraged Anew To Maximize Free Trade Agreements Ftas Between Asean Member Countries And Trading Partners Enhance Investment Opportunities But Jan Redmond Dela Vega Of The Department Industry Bureau International Relations Said That Apart From Markets United States Japan , Here Is Also Potential In The Asean Quot Terms Of Our Performance And Agreements That Are Existing , E Only Have Those In Place Which Are The Asean Ftas And Recent Years , E See That The Asean Market Is Alsoa Very Important Component Or Trading Partner Of Philippines , Uot He Said Ina Recent Virtual Forum Dela Vega Identified Top Exports To Asean Which Are Still Electronic Products And Manufacturing Goods , Uch As Other Machinery And Transport Quot Looking Into These Ftas That We Have , Here Is Also Potential For Other Goods And Services That We Can Export To Markets ,

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