SG-based fintech firm Fairbanc secures funding and other SE Asia deals

Deal Street Asia

Singapore-based financial technology (fintech) firm Fairbanc Pte, a subsidiary of Silicon Valley-based Fairbanc, announced that it has raised pre-Series A funding from ADB Ventures, Accion Venture Lab, East Ventures, Sampoerna Strategic Group, and others.

The company, founded in 2019 by CEO Mir Haque, said the latest funding will help scale up credit access for Indonesia’s small retailers, many of whom struggle to access working capital.

Read more about Accion Venture Lab’s investment in Fairbanc in this DealStreetAsia article.

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