Search Results for "Funding Societies"

SGeBIZ and Funding Societies Team Up to Offer BNPL Payment Option for SMEs

Southeast Asia’s SME digital finance platform Funding Societies has partnered with SGeBIZ, a provider of digital procurement, payment, and sourcing solutions, to introduce embedded finance solutions for SMEs in Singapore. This collaboration aims to integrate Funding Societies’ financing capabilities into

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Former Funding Societies CTO Ishan Agrawal Launches YC-Backed Branch AI

Ishan Agrawal, the former Group Chief Technology Officer of SME digital finance platform Funding Societies, has embarked on a new entrepreneurial journey with the co-founding of Branch AI. With over 7 years of experience in building and scaling Funding Societies

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Funding Societies Raises US$7.5 Million Debt Funding from Norfund

Southeast Asian SME digital finance platform Funding Societies secures US$7.5 million in debt funding from Norfund, a Norwegian Development Financial Institution (DFI). This is the first debt transaction by Norfund with a fintech SME lender in Southeast Asia. Through this

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Funding Societies and STACS Bridge ESG Data Gap for Indonesian MSMEs

Southeast Asian SME digital finance platform Funding Societies, known as Modalku in Indonesia, has teamed up with ESG fintech firm STACS. Indonesian MSMEs will be introduced to STACS’ ESGpedia platform through Funding Societies for ESG reporting and sustainable financing solutions.

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Funding Societies Secures US$27 Million Debt Financing

Funding Societies | Modalku, an SME digital financing platform in Southeast Asia, has raised US$27 million in debt financing. The debt fundraise was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP) and sustainability-focused

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Funding Societies Crosses US$ 3 Billion Milestone in SME Loan Disbursals

Southeast Asian SME digital financing platform Funding Societies | Modalku has crossed US$3 billion (S$4.1 billion) in disbursals of financing to SMEs with over 5 million transactions. The company reported that it has disbursed loans to close to 100,000 SMEs

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Funding Societies Thailand Surpasses THB 1 Billion in Loan Disbursements

Funding Societies a Southeast Asian Small and Medium Enterprises (SME) digital financing platform, announced that its Thai business has reached THB 1 billion (US$ 27.8 million) in loan disbursements for year-to-date (YTD) 2022. The company said that it is looking

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