Philippine-based startups First Circle, and Acudeen Technologies signed a financial technology (fintech) deal targeting the market of both firms – the small and medium enterprises (SMEs).
First Circle is the first digital SME business financing company in Southeast Asia, while Acudeen is into receivable financing, a P2P (peer-to-peer) invoice marketplace that allows SMEs to convert their unclaimed receivables for cash to boost their cash flow.
