Funding Societies is a peer-to-peer (P2P) financing platform that connects small and medium-sized enterprises (SMEs) with investors through an online marketplace. The company provides business financing to SMEs and investment opportunities to individual and institutional investors.

Funding Societies

Funding Societies | Modalku Group

Funding Societies | Modalku is the largest unified SME digital finance platform in Southeast Asia. It is licensed in Singapore, Indonesia, Thailand, registered in Malaysia, and operates in Vietnam, and backed by SoftBank Vision Fund 2, SoftBank Ventures Asia, Sequoia Capital India, Alpha JWC Ventures amongst many others. It provides business financing to small and medium-sized enterprises, which is funded by individual and institutional investors. In 8 years, it has helped finance over 5 million business loans with over S$4.7 billion in funding.

Founded in 2015 in Singapore, Funding Societies | Modalku is the most well-funded digital lending platform in Southeast Asia, with a USD 25 million Series B funding round led by SoftBank Ventures Asia, the early-stage venture capital arm of Japanese investment giant Softbank Group, and supported by Sequoia India, Alpha JWC Ventures and Golden Gate Ventures.

Funding Societies | Modalku is dedicated to the vision of funding underserved SMEs and making a positive impact in society. We exist to enable fair financial access and providing payment solutions to Southeast Asia. 

Check out our story: https://blog.fundingsocieties.com/our-story/

Lendahand

HSBC Bank Singapore

AlteriQ Capital

Aument Capital Partners

Orange Bloom

Taurus Wealth

Helicap

Norfund

Peak XV Partners

Softbank Ventures Asia

Golden Gate Ventures

Qualgro VC

Line

EDBI

BRI Ventures

SoftBank Vision Fund

Indies Capital Partners

Ascend Vietnam Ventures

Rapyd Ventures

K3 Ventures

Endeavor Catalyst

CGC Digital

Khazanah Nasional

Samsung Venture Investment

500 Global

500 TukTuks

Funding Societies Singapore

Funding Societies secured a strategic investment from Khazanah Nasional Berhad and CGC Digital (the digital arm of Credit Guarantee Corporation Malaysia Berhad CGC Malaysia) in Malaysia.

This significant investment aims to broaden financing access to unserved and underserved businesses, further extending our reach across Malaysia and the region to propel the growth of MSMEs. 

“We are honoured to receive support from Khazanah and CGC Digital, who share our conviction to impact and MSMEs. This is a testament to our commitment towards extending credit to reach more underserved MSMEs. We would also progressively offer MSMEs more cash flow management solutions to power their growth,” said Kelvin Teo, CPA ☀️, Co-founder and Group CEO of Funding Societies. 

Read the full article at 
https://lnkd.in/gVdPbTz8

#Investment #FundingSocieties #Singapore #Malaysia #Modalku

This new year, we are reflecting on the journey with Funding Societies Singapore in 2023 ✨! 
Amidst various challenges, last year marked significant strides and remarkable progress for us at Funding Societies Singapore. We achieved strategic milestones, partnerships, new highs and are immensely grateful for the opportunities that shaped our path 🤝. 

It's crucial to acknowledge these accomplishments and recognise how far we've come. Our commitment to serving underserved SMEs in Southeast Asia remains unwavering, and we're optimistic about the future we can build together 🚀. 

A heartfelt thank you to everyone who trusted and supported us on this journey. Dive into the highlights of our Year in Review 2023 in our latest article: https://lnkd.in/gsyveRDV

#FundingSocieties #YearInReview #Milestones #Singapore #wrapped 

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Wishing you a New Year filled with success and bidding a heartfelt farewell to the impactful year that was 2023. Let's welcome 2024 with open arms! 🎉 Happy New Year from all of us at Funding Societies! 😄

#FundingSocieties #Singapore #NewYear2024 #newyearcelebration #happynewyear #Modalku

In case you missed out, revisit the remarkable moments of our journey this year at Funding Societies Singapore✨. 

A heartfelt thank you to everyone who trusted and supported us on this journey. Dive into the highlights of our Year in Review 2023 in our latest article: https://lnkd.in/gsyveRDV

#FundingSocieties #YearInReview #Milestones #Singapore #wrapped 

🎄 Here’s to the magic of Christmas filling every corner of your heart and home with joy — now and always. 🎁❤️
Merry Christmas to you and your family, from us at Funding Societies. 🎅

#Christmas #SeasonGreetings #Singapore #FundingSocieties  #FundingSocietiesSingapore #merrychristmas2023

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