Fundpark Secures Us$250 Million To Bridge Asian Sme's Working Capital Needs, With Goldman Sachs As Senior Facility Provider

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About

Founded in 2016, FundPark is a preeminent Asia-based eCommerce liquidity solution and technology provider committed to leveraging innovative financial technologies to create simple and efficient products and services that provide e-commerce merchants with one-stop financing solutions with the goal of enhancing working capital efficiency. To date, FundPark has supported over 7,000 merchants with combined GMV in excess of US$4 billion. FundPark provides multiple working capital financing solutions to SMEs and innovative investment opportunities to institutional investors, commercial banks and other financial institutions. With its proprietary risk assessment model and an ecosystem built on strategic partnerships with a variety of organisations, FundPark can process applications quickly and dispatch funds as rapidly as one business day, helping companies grow their businesses by providing them with quicker access to funding. For more information, please visit FundPark's official website at www.fundpark.com.