Funding Societies
Finance · Singapore · 201-500 Employees
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Overview
Headquarters
The Arcade 11 Collyer Quay #17-00, Singa...Phone Number
+65 62210958Website
www.fundingsocieties.comRevenue
$63 MillionIndustry
ZI Rank: 3
Signal Type
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ZI Rank
2
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About Funding Societies
Launched in 2015, the company's mission is to uplift societies in Southeast Asia by creating financial opportunities for everyone. As SMEs are the backbone of the company's economies, the company is committed to solving the SME financing gap in the region, while providing a convenient and short-term fixed-income investment option to individuals and institutions.Explore more
Funding Societies Org Chart
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Company Profile Activity
Activity Insights
Funding Societies is experiencing very low activity levels compared to other companies in the Finance sector.
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Funding Societies is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Funding Societies.
Funding Societies financials insights
Gather financial insights about Funding Societies, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2016
Series A
$7.5M
2018
Series B
$25M
2020
Series C
$40M
2021
Debt
$18M
2022
Debt
$150M
Series C
$144M
2024
Private Equity
$25M
Funding Societies Tech Stack
A closer look at the technologies used by Funding Societies
Most Recent Scoops
Hiring Plans
Funding Societies has more open roles in Information Technology than it has had at any time in the past 6 months. Technologies mentioned include: Anthropic, and OWASP. Areas of expertise include: JavaScript (Programming Language), CI/CD, Large Language Modeling, Version Control, Game Ai, Computer Science, and Cyber Security.
Hiring Plans
Hiring Plans
Funding Societies has more open roles in Human Resources than it has had at any time in the past 6 months with an increased focus on technologies like Google Sheets, and Google Workspace. Areas of expertise include: HR Operations.
Hiring Plans
Open Position
Event
Person-Based
Events, Podcast
Open Position
Funding Societies News & Media
Gobi Partners Backs Funding Societies to Advance SME Financing and Fintech Innovation across Southeast Asia
Investment reinforces confidence in Funding Societies' decade-long mission amid market volatility and underscores commitment to financial inclusion for underserved businesses SINGAPORE, March 20, 2025 /PRNewswire/ -- Funding Societies | Modalku (Funding Societies), the largest SME digital finance platform in Southeast Asia, has announced a strategic equity investment from Gobi Partners, an Asia-focused venture capital firm. This investment underscores strong investor confidence in Funding Societ‘We want to pay it forward’: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia
Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks […] © 2024 TechCrunch. All rights reserved. For personal use only.Funding Societies secures third credit facility from HSBC, taps latter's US$1 billion Asean war chest
FUNDING Societies has secured its third credit facility with HSBC, this time under HSBC’s Asean Growth Fund. The amount of the latest tranche was not disclosed.Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia
Part of HSBC's ASEAN Growth Fund, an accumulative commitment of over US$100 million to Funding Societies since its partnership established in 2022 SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- Funding Societies | Modalku (Funding Societies), the largest unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia today announced signing the third credit facility* with HSBC under its ASEAN Growth Fund. The overall transaction, an accumulative commitment of over US$
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Launched in 2015, the company's mission is to uplift societies in Southeast Asia by creating financial opportunities for everyone. As SMEs are the backbone of the company's economies, the company is committed to solving the SME financing gap in the region, while providing a convenient and short-term fixed-income investment option to individuals and... Read More
