Hong Kong e-commerce financier secures $250m in debt funding
Hong Kong-based FundPark, a VC-backed liquidity provider for e-commerce merchants, has received an asset-backed securitisation (ABS) facility of up to USD 250m from Goldman Sachs.
Integrated Alternative Credit Fund and Cypress Capital Hong Kong also participated as mezzanine investors. FundPark expects to raise a Series B round later in the year. The company previously received...
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