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Goldman Boosts Backing for Hong Kong Fintech Startup FundPark – Bloomberg

January 26, 2024

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
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Hong Kong fintech company FundPark has secured a $250 million private loan with Goldman Sachs as a senior facility provider, signaling a rare bright spot in private credit lending in Greater China.
The asset-backed security facility is an extension and increase of an original $250 million deal that FundPark received in 2022, which was led by Goldman Sachs, bringing the total amount to $500 million, said Hay Yip, the company’s chief operating officer, in an interview.

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