FundPark Expands HSBC-Backed Financing Facility
Hong Kong-based fintech company FundPark has expanded its asset-backed securitisation (ABS) facility with HSBC by US$100 million, bringing the total facility size to US$300 million as the company seeks to accelerate funding support for digital small and medium-sized enterprises (SMEs) across Asia.
The increased facility raises FundPark's total institutional funding capacity to more than US$875 million, strengthening its ability to provide working capital to eCommerce businesses through its AI-enabled financing platform, it says in a statement. The company said it has facilitated more than US$8 billion in financing to date, supporting over 40,000 online merchants across the region.
The latest expansion reflects growing demand for flexible funding solutions among digital entrepreneurs as cross-border eCommerce continues to expand. FundPark's model combines AI-powered funding tools, predictive business insights and a community platform designed to help merchants scale their operations more efficiently.
«AI is fundamentally changing how eCommerce businesses are built and scaled,» said Anson Suen, CEO and co-founder of FundPark. «We believe it should also transform how businesses access growth. The upsized facility provided by HSBC strengthens our capacity to support more digital SMEs with timely working capital and reflects growing momentum across the ecosystem for technology-enabled models that connect funding with real business performance.»
Extend Financing to a larger pool of Businesses
FundPark said the additional capital will enable it to extend financing to a larger pool of high-growth online businesses while continuing to bridge the gap between institutional investors and digital merchants. The company leverages data from eCommerce platforms and business operations to create investment opportunities backed by merchant performance, helping improve access to capital for businesses that may struggle to secure traditional financing.
HSBC, which has supported FundPark through its innovation banking business, said the partnership addresses a growing need among digital sellers for faster and more responsive financing solutions.
«As cross-border eCommerce continues to grow, the speed can put pressure on inventory and working capital needs for many digital businesses,» said Jonathan Yip, Head of Innovation Banking, Asia at HSBC. «By backing companies that bring new, innovative ways to support merchants, we can help digital sellers and SMEs across the region get funding more quickly and expand with confidence.»
The expanded facility builds on FundPark's momentum following its US$71 million financing round announced in 2025. The company plans to continue investing in its AI-enabled "Scale-Up as a Service" platform, which aims to provide entrepreneurs with funding, business intelligence and growth resources through a single ecosystem.
Founded in Hong Kong, FundPark has positioned itself as a technology-driven alternative to traditional SME lending.
