First Milestone For HSBC Partnership! Not long ago, we kicked off our collaboration with HSBC to drive innovation and create a more effective bank-FinTech collaboration ecosystem. And here comes the first deal in such a short time! FundPark, a Park company delivering insights and capital to help digital entrepreneurs capture their future growth, has closed an up to USD 250 million asset-backed securitisation (ABS) facility. HSBC will provide up to USD 200 million as the senior lender. The transaction will enable FundPark to support more small-to-medium sized enterprises in eCommerce in the Greater Bay Area, and more broadly in Greater China, contributing to the overall development of China's digital economy. Proud to be building a thriving ecosystem where positive impact spreads from one to another, and where collaboration empowers the greater community! More about this achievement: stp.hk/45F0n9L #HKSTP #PropellingSuccess
Find your next investor through our fundraising platform.
Great news!
Unemployed at Upstart
2wLet's connect