Funding Societies is the largest Peer-to-Peer lending platform in Southeast Asia with the vision of improving access to financing for businesses and investment options to retail & institutional investors as well as high net-worth individuals. In 4 years, it has financed over S$750 million S$1 billion to SMEs with the support of over 150,000 200,000 registered investors in Southeast Asia.
Founded in 2015 in Singapore, Funding Societies is currently licensed/ registered and operating in Singapore, Indonesia (known as ‘Modalku’) and Malaysia. It raised the largest Series B funding (USD 25 million) by a Southeast Asian P2P lending platform, led by SoftBank Ventures Asia and supported by Sequoia India, Alpha JWC Ventures and Golden Gate Ventures.
Funding Societies is also recognised locally and globally for its works to make financing accessible to SMEs in Southeast Asia, including the FinTech Award (Monetary Authority of Singapore), the Global SME Excellence Award (United Nations ITU Telecom), and the prestigious global Fintech100 (KPMG and H2 Ventures).