Singapore-based digital lender AsiaKredit raises funding from SIG Asia

Singapore-based digital lender AsiaKredit raises funding from SIG Asia

Singapore-based fintech startup AsiaKredit has raised an undisclosed amount of funding from technology investment firm SIG Asia Investments, bringing its aggregate funding to $2.5 million since its launch in November 2017.

In a statement, the startup said the funds will be used for loan capital, to enhance its proprietary technology platform, underwriting, and collections infrastructure, as well as to develop new products.

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