Khazanah Nasional and CGC Digital to invest in Funding Societies.

Khazanah Nasional, a private equity firm, and CGC Digital, a fintech company, agreed to invest in Funding Societies, a Southeast Asia’s digital financing platform for small and medium-sized enterprises. Financial terms were not disclosed. "The investment in Funding Societies reflects our commitment to fostering financial inclusion and bridging the funding gap, especially within the MSME community. Being the backbone of Malaysia's economy and contributing nearly half of the nation's employment, MSMEs are both critical and critically underserved. Hence, this investment aligns with our mission of contributing to nation-building and socioeconomic growth," Amirul Feisal Wan Zahir, Khazanah Nasional Managing Director.