Goldman Sachs doubles FundPark's loan facility to a whopping US$500m


Hong Kong-based fintech startup FundPark has successfully secured a substantial investment of US$500m from Goldman Sachs, marking the second funding facility extended by the renowned U.S. investment bank within a span of two years.

CEO and Co-founder Anson Suen Wai-loi revealed to South China Morning Post that Goldman Sachs has recently doubled the asset-backed securitization facility, increasing it to a remarkable US$500m compared to the support provided in 2022. This enhancement is notably one of the most substantial investments of its kind received by a fintech firm in the Asian region.


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Posted on Jan 22, 2024
Region: Hong Kong
Receivables Securitization
asset-backed security, Fintech, Cash flow, Inventory finance, receivables finance, FundPark, Goldman Sachs