FundPark, a technology company focused on supporting digital entrepreneurs, has announced its inaugural funding partnership with Citi through an asset-backed securitisation facility. The transaction expands FundPark's total ABS funding capacity to more than $1.25 billion and includes a commitment from Citi of up to $250 million as a senior lender. The development signals growing institutional recognition of technology-enabled financing for small and medium-sized businesses operating in global trade and digital commerce.
Strengthening the Funding Base
With Citi joining its existing funding partners, FundPark now benefits from a diversified institutional funding base supported by three leading global financial institutions. This broadened funding network strengthens the company's ability to provide timely capital to SMEs that may otherwise face limited access to financing. The partnership also reflects confidence in FundPark's proprietary credit assessment capabilities and its technology-led approach to underwriting cross-border commerce.
Supporting Digital Entrepreneurs
FundPark's model is built around Scale-Up as a Service, which combines financing with data-driven insights and ecosystem support for growing businesses. The company has supported more than 40,000 SMEs over the past decade and facilitated over $9 billion in funding globally. Its platform uses AI-enabled dynamic funding and predictive analytics to help entrepreneurs navigate the complexities of international trade and digital commerce.
Executive Views on the Partnership
Anson Suen, chief executive officer and co-founder of FundPark, said surpassing $1.25 billion in ABS funding capacity and welcoming Citi mark important milestones for the company. He emphasised that digital and cross-border businesses require more than funding alone and need the right combination of capital, insights and support to scale successfully. Suen added that the collaboration would help more businesses grow across markets with confidence.
Citi's Strategic Perspective
Ting Guo, managing director and head of asset-backed financing and securitisation Asia excluding India at Citi, said scalable financing solutions are essential as global trade becomes increasingly digital. Guo noted that Citi is pleased to support FundPark through the asset-backed securitisation facility, drawing on its global network and structured finance expertise. The initiative aims to bridge the funding gap for high-growth SMEs and unlock opportunities for cross-border eCommerce merchants across the region.
Institutional Confidence in Technology
The announcement underscores growing institutional confidence in FundPark's technology-enabled platform and proprietary credit model. The facility enables institutional capital to reach digital merchants more efficiently while providing senior lenders with structured exposure to a diversified pool of SME trade receivables. It also highlights how traditional financial institutions are partnering with fintech platforms to address evolving financing needs in the digital economy.
A Shared Vision for Growth
The partnership reflects a shared vision of enabling digital businesses to thrive in a rapidly changing commercial landscape. By combining Citi's institutional expertise with FundPark's Scale-Up as a Service model, the two organisations intend to support the next generation of globally connected businesses. This alignment is expected to help entrepreneurs unlock growth opportunities and scale with greater confidence across markets.
The collaboration between FundPark and Citi represents a significant step in expanding institutional funding for digital commerce and cross-border trade. It reinforces FundPark's capacity to serve SMEs while diversifying its network of capital partners. With more than $1.25 billion in ABS funding capacity, the partnership positions both organisations to support the continued growth and resilience of digital entrepreneurs worldwide.