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(L-R): Kelvin Teo, Group CEO & co-founder of Funding Societies; Thomas G. Tsao, co-founder & chairperson of Gobi Partners.

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 | Modalku (Funding Societies) announced an equity investment from Gobi Partners, an Asia-focused venture capital firm.

This investment from Gobi Partners will help further enhance Funding Societies’ technology-driven approach, leveraging AI and automation to streamline lending processes and improve risk management.

Furthermore, its collaboration with Gobi Partners will enable Funding Societies to expand their reach and continue supporting SMEs that drive local economies.

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