Fintech Fingular secures $10m credit line for Malaysia expansion

The funding will also be used to strengthen operational capacity.

Singapore-headquartered fintech Fingular has secured its first external debt financing, closing a $10m credit line to facilitate regional growth, particularly in Malaysia.

The funds will support expansion, scaling existing products and investing in technology and operations, said Fingular CEO Maxim Chernushchenko.

The deal was structured through Kilde, a licensed platform connecting family offices, funds, and accredited investors to private credit opportunities across Europe and Asia.

Meanwhile, the company said it is in discussions with additional funds as it explores further investment opportunities.

The group’s consumer financing brand Tambadana surpassed $189.3m (US$150m) in total consumer financing issued in Malaysia, processing approximately 600,000 individual cases since launch.

(US$1 = $1.26)