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Goldman Sachs doubles loan facility to Hong Kong fintech start-up FundPark to US$500 million

FundPark, a Hong Kong-based fintech start-up that provides trade finance for small and medium enterprises (SMEs), has secured US$500 million from Goldman Sachs, the second funding facility from the US investment bank in two years. Goldman recently doubled the asset-backed securitisation facility to up to US$500 million, from what it provided FundPark in 2022, CEO and co-founder Anson Suen Wai-loi said, adding that it was one of the largest of its kind received by a fintech firm in Asia. "Goldman ....

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