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Funding Societies is Southeast Asia’s largest digital financing platform for small and medium-sized enterprises (SMEs), headquartered in Singapore. It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. In Indonesia it is known as Modalku (which means My Capital in Indonesian language). The platform crossed S$ 1Bn in loans given out in 2019 making it the largest such platform in the region. To date, it has given out more than S$2.5 billion in financing through 4.8 billion loans across the region.

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dbo:abstract
  • Funding Societies is Southeast Asia’s largest digital financing platform for small and medium-sized enterprises (SMEs), headquartered in Singapore. It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. In Indonesia it is known as Modalku (which means My Capital in Indonesian language). The platform crossed S$ 1Bn in loans given out in 2019 making it the largest such platform in the region. To date, it has given out more than S$2.5 billion in financing through 4.8 billion loans across the region. (en)
dbo:foundingYear
  • 2015-01-01 (xsd:gYear)
dbo:headquarter
dbo:numberOfEmployees
  • 150 (xsd:nonNegativeInteger)
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  • 1112970035 (xsd:integer)
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dbp:brands
  • Funding Societies, Modalku (en)
dbp:founded
  • February 2015 (en)
dbp:founder
  • Kelvin Teo, Reynold Wijaya (en)
dbp:hqLocation
  • Singapore (en)
dbp:industry
  • SME Digital Financing, Alternative Investment (en)
dbp:logo
  • FS 2017 Logo.jpg (en)
dbp:logoAlt
  • Funding Societies Logo (en)
dbp:name
  • Funding Societies Pte Ltd (en)
dbp:numEmployees
  • 150 (xsd:integer)
dbp:type
  • Private Limited (en)
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  • Funding Societies is Southeast Asia’s largest digital financing platform for small and medium-sized enterprises (SMEs), headquartered in Singapore. It was the first such platform in Singapore to engage an escrow agency to independently and safely manage investors’ funds. In Indonesia it is known as Modalku (which means My Capital in Indonesian language). The platform crossed S$ 1Bn in loans given out in 2019 making it the largest such platform in the region. To date, it has given out more than S$2.5 billion in financing through 4.8 billion loans across the region. (en)
rdfs:label
  • Funding Societies (en)
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  • Funding Societies Pte Ltd (en)
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