Funding Societies
Funding Societies | Modalku is touted as the largest SME digital financing platform in Southeast Asia. It is licensed and registered in Singapore, Indonesia, Thailand, Malaysia, and operates in Vietnam. It is backed by SoftBank Vision Fund 2, SoftBank Ventures Asia, Sequoia Capital India, Alpha JWC Ventures, SMBC Bank, BRI Ventures, VNG Corporation, Rapyd Ventures, Endeavor,
EDBI, SGInnovate, Qualgro, and Golden Gate Ventures amongst others.
The FinTech company has reportedly disbursed a total of US$2.6b to small and medium-sized enterprises (SMEs) as of June 2022.
Funding Societies secures backing from Gobi Partners to drive SME fintech growth
Funding Societies secures backing from Gobi Partners to drive SME fintech growth
The partnership will enhance Funding Societies’ tech-driven lending processes and risk management.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
Financing platform Funding Societies clinches US$50m loan with HSBC SG
It will use the money to extend more loans to SMEs in Southeast Asia.
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