JAKARTA - Modalku has announced a partnership with Shopee to provide lending solutions to MSMEs on Shopee’s platform.

According to an official statement as quoted by DealStreet Asia, MSMEs that use Shopee’s platform can secure capital from Rp 5 million to Rp 250 million at low interest rates.

As of February, Modalku claims, Rp 12 trillion in capital has been disbursed to MSMEs on Shopee’s platform. (MS)