First Circle Announces Funding for Southeast Asia SME Lending Business

South East Asia SME marketplace lender First Circle has announced new funding that will help it further develop its business in South East Asia; the firm was the first to begin lending to SMEs in South East Asia offering its loans in the Philippines; it provides loans for underserved businesses through use of a proprietary underwriting system; the firm says it will use the new investment funding to further develop its technology platform and lending business in the Philippines. Source

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