Lifestyle

Invests in Funding Asia Group, a Digital Finance Platform Provider for SMEs in Southeast Asia Supporting the Overseas Business Expansion of Japanese Companies

Enterprises : Funding Asia Group Pte. Ltd.

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Overview / Policy implications

Cool Japan Fund, Inc. (CJF) has decided to invest 25 million USD in Funding Asia Group Pte. Ltd. (known as Funding Societies), a digital finance platform provider for small and medium enterprises (SMEs) in Southeast Asia supporting the overseas business expansion of Japanese companies.

Through this investment, Funding Societies is expected to provide financial support to Japanese companies in foreign markets and also mitigate the risk associated with collecting payments from local SMEs, which might be an issue for Japanese companies entering Southeast Asian markets. Through its business activities, the Group is also expected to help stabilize the local supply chains of Japanese companies and support the overseas expansion of Japanese companies engaged in providing attractive products and services unique to Japanese lifestyle and culture.

Business Expansion

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