Funding Societies

Funding Societies Pte Ltd

TypePrivate Limited
IndustrySME Digital Financing, Alternative Investment
FoundedFebruary 2015
FounderKelvin Teo, Reynold Wijaya
HeadquartersSingapore
Area servedSingapore, Indonesia, Thailand, Malaysia
BrandsFunding Societies, Modalku
Websitewww.fundingsocieties.com
  • Funding Societies is one of Southeast Asia’s largest SME digital financing platform.
  • Funding Societies operates an online platform that enables Small and Medium Business to seek funding for their growth from a pool of investors, through digital lending.
  • The standard loan period ranges from 3 months to 1 year and borrowers can loan up to SGD$2,000,000.
  • In January 2016, Funding Societies launched Modalku, which means “My Capital” in Bahasa Indonesia to reach out to SMEs in the Indonesian Market.
  • In February 2021, Funding Societies broke into its 4th market, Thailand.

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