Funding Societies Singapore

📍 Singapore, Singapore🗓 Founded 2015👥 57 employees💰 Last funded Oct 2019
Financial Services🌐 fundingsocieties.com
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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. The FinTech company provides US$1 billion annually of business financing to small and medium-sized enterprises (SMEs). In recent years, it has made strategic milestones including its acquisition of regional digital payments platform CardUp and co-investment into Bank Index in Indonesia. Funding Societies | Modalku is backed by SoftBank Vision Fund 2, Khazanah Nasional Berhad, CGC Digital (the digital arm of the Credit Guarantee Corporation Malaysia Berhad), SBVA (previously SoftBank Ventures Asia), Peak XV Partners (previously Sequoia Capital India), Alpha JWC Ventures, SMBC Bank, BRI Ventures, VNG Corporation, Rapyd Ventures, Endeavor, EBDI, SGInnovative, Qualgro, and Golden Gate Ventures among others. It has received accolades through the years including: Brands for Good (2019, 2023), Global SME Excellence Award, Global SME Finance Awards by IFC (2021-2023) Global Startup Awards (2020), MAS FinTech Award (2016, 2021), Singapore’s Fastest-Growing Companies 2024 (a list of 100 companies compiled by The Straits Times and Statista), High-Growth Fintech Companies in Asia-Pacific 2024 (a list of 500 companies compiled by the Financial Times and Statista) . 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/
2
Total investors
0
Early stage
2
Mid stage
0
Late stage
2015
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Mid stage· 2
?
Marketing, Investor Segment
mid stage
Oct 2019
Peter Na
Peter Na
VC at Atinum Investment
mid stage
10 investments
Apr 2018
Investor geography1 country
Singapore
1
Frequently asked questions
Who invested in Funding Societies Singapore?
Funding Societies Singapore has 2 investors on record on gritt.io, 2 mid-stage.
When did Funding Societies Singapore last raise funding?
The most recent investment in Funding Societies Singapore recorded on gritt.io was in October 2019.
When was Funding Societies Singapore founded?
Funding Societies Singapore was founded in 2015.
What industry is Funding Societies Singapore in?
Funding Societies Singapore operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Funding Societies Singapore based?
Funding Societies Singapore is headquartered in Singapore, Singapore.