FundPark Raises US$71M to Rewrite the Rules of eCommerce Scaling, as Company Crosses US$6 Billion Milestone

New capital injection to accelerate AI-driven ‘Scale-Up as a Service’ blueprint

Hong Kong, 28 October 2025 - FundPark, a technology company leveraging intelligence to empower eCommerce businesses to scale, has announced the successful raise of US$71 million. This milestone marks a significant step in its mission to pioneer a revolutionary blueprint for digital entrepreneurs – Scale-Up as a Service.

Since its founding, FundPark has focused on solving one of the toughest challenges for cross-border eCommerce sellers - access to working capital. In a market where traditional lenders are often too slow to meet the dynamic needs of digital small-to-medium-sized enterprises (SMEs), FundPark’s proprietary AI-enabled platform stepped in to bridge the gap.

In a little over five years, the company has grown exponentially and previously secured a funding facility of more than US$750 million backed by international financial institutions including Goldman Sachs and HSBC to support over 32,000 online shops. In this latest announcement, an Ares Management APAC Credit fund (“Ares”) also joins as a capital provider. As of October 2025, FundPark has supported SMEs with over US$6 billion in advances, accounting for a combined Gross Merchandise Value of over US$12.5+ billion. Building upon this momentum, the company is now entering a new stage of transformative growth.

"Digital entrepreneurs in this day and age need to move faster than the pace of demand,” said Anson Suen, CEO and co-founder at 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. What they need is not just capital, but intelligence, guidance and the right tools. That’s why we created Scale-Up as a Service, our blueprint designed for the entire scale-up journey."

Scale-Up as a Service integrates three interconnected elements: AI-driven, dynamic funding; predictive insights to help entrepreneurs anticipate and optimise; and a community platform. Together, these create a growth flywheel, where every step of growth generates more data, more clarity, and more capital firepower to scale even further.

"Scaling is never a straight line,” said Henry Mok, co-founder of FundPark. “Every entrepreneur wants to grow, but growth alone isn’t enough if it can’t be sustained. While others focus only on finance, we go further, empowering entrepreneurs to navigate the highs and the lows as they scale, so they can achieve enduring success."

The round, which combines financing from Ares, as well as equity funding from Alpha Nova Capital Management and follow-on investor Radiant Tech Ventures, will be used to accelerate FundPark’s platform development, expand its international footprint, and advance its AI capabilities. The equity funding was advised by Goldman Sachs.

Will Farrant, Partner at Ares, commented, "We’re delighted to participate in FundPark’s financing facility, enabling the business to provide competitive lending to their customers. By pioneering Scale-Up as a Service, we believe they have the potential to deliver an entire eco-system to promote the success of their customers. The potential multiplier effect of their innovative and differentiated model could be significant."

The raise underscores confidence in FundPark’s vision and comes just ahead of the company’s participation in Hong Kong FinTech Week on 3 – 4 November 2025, where it will showcase its category-defining model to a global audience.

About FundPark

FundPark is a technology company pioneering Scale-Up as a Service, a new blueprint that aims to rewrite the rules of scaling for digital entrepreneurs. Founded in Hong Kong, FundPark goes beyond traditional working capital lending, to integrate its AI-driven dynamic funding, predictive insights and a community platform into a growth flywheel that helps eCommerce businesses move faster than the pace of demand.

Since 2020, FundPark has secured over US$750 million in funding facilities backed by leading international financial institutions, empowering more than 32,000 online shops across Asia and beyond. As of September 2025, it has advanced over US$6 billion to support the growth of small and medium-sized eCommerce entrepreneurs. www.fundpark.com

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2025, Ares Management Corporation's global platform had over $572 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com