FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71 million to further develop its “Scale-Up as a Service” platform.
Founded to address the funding challenges faced by cross-border eCommerce sellers, FundPark leverages AI to offer faster access to working capital compared to traditional lenders.
The company has previously secured a US$750 million funding facility backed by Goldman Sachs and HSBC, supporting more than 32,000 online shops.
As of October 2025, FundPark has provided over US$6 billion in advances, representing a combined Gross Merchandise Value exceeding US$12.5 billion.
In this latest round, financing was provided by an Ares Management APAC Credit fund (Ares), alongside equity investment from Alpha Nova Capital Management and returning investor Radiant Tech Ventures.
The equity funding was advised by Goldman Sachs.
“Digital entrepreneurs today need to move faster than the pace of demand,”
said Anson Suen, CEO and co-founder of FundPark.
“You can lend a growing eCommerce business money, but if they don’t have the insights and know-how to scale, they can quickly hit barriers. That’s why we created Scale-Up as a Service, to combine capital with intelligence and guidance throughout the scale-up journey.”
The model integrates three elements: AI-driven dynamic funding, predictive insights to support business decisions, and a community platform for entrepreneurs.
Featured image credit: Edited by Fintech News Hong Kong, based on image by lovelyday12 via Freepik