Funding Societies Offers Shariah-Compliant Financing for Bumiputera foodpanda Merchants

Quick Summary:

Funding Societies, a SME digital finance platform in Southeast Asia, and foodpanda have teamed up to provide Bumiputera merchants with access to financing at a 2% annual interest rate.

Eligible foodpanda merchants can secure up to RM100,000 in Shariah-compliant financing with flexible repayment terms of up to 24 months.

This initiative aims to provide much-needed [...]

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Article Details

Category: StartupsBusinessTechnology

Markets: Malaysia

Topics: Funding Societies Foodpanda Lending

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 05:05:50 (4 days ago)

News Timezone: GMT +8:00

News Source URL: fintechnews.my

Language: English

Article Length: 319 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fintech News Malaysia

News ID: 25052215

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About Fintech News Malaysia

Main Topics: StartupsBusinessTechnology

Official Website: fintechnews.my

Year Established: 2017

Headquarters: Malaysia

News Last Updated: 2 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #74

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