Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia, and Razer Fintech, the fintech arm of Razer and the region’s leading offline-to-online (O2O) digital payment network, has announced a
partnership to offer short-term business financing solutions for merchants under Razer Merchant Services (RMS).
The partnership is a reflection of both platforms’ mutual aim to empower Malaysia’s micro, small and medium enterprises (MSMEs) with short-term financing to help expand their businesses, particularly extending their reach to 20,000 businesses under multiple segments including MSME retailers, F&B vendors and online sellers registered under the RMS platform.
How is the collaboration?