Mumbai-based platform raises $36m for geographic expansion, and get a "skin in the game" lending license.
DBS intros data-analytics credit facility with the Hong Kong chapter of trade-standards provider GS1.
Kelvin Teo says Funding Societies will become a primary bank and payments player to SMEs in Southeast Asia.
Funding Societies and Validus take the lead among fintech lenders, but new challenges await.
The Hong Kong-based company is taking steps to grow its electronic network for buying and selling invoices.