Tag "Funding Societies"
New Report Assesses Digital Lender Impact on Southeast Asian MSMEs
In Southeast Asia, micro, small and medium-sized enterprises (MSMEs) are the backbone of the economy, making up for 97%-99% of the region’s total enterprises and contributing between 52% and 97% of total employment. Yet, despite their centrality to national economies,
Read More
Funding Societies Raises US$18 Million in Debt Financing
Funding Societies, Southeast Asian SME digital financing platform, announced that it has raised US$18 million in debt financing led by a trio syndicate of financial institutions including Helicap Investments, the newly launched Social Impact Debt Fund, and an unnamed Japanese
Read More
Funding Societies Crosses the S$2 Billion Mark in SME Loan Disbursals
Funding Societies, a Southeast Asian SME digital financing platform, announced that it has made S$2 billion in disbursals of business financing to small and medium sized enterprises (SME) across the region as it enters its sixth year of operations. Funding
Read More
Funding Societies Notched up Its 4th Market With Thailand Expansion
Funding Societies, Southeast Asian SME digital financing platform, has launched in Thailand and will operate under the debt-crowdfunding license given by Thailand’s Securities and Exchange Commission. This expansion comes after more than one year of working with Thai regulators and
Read More
Funding Societies Bags Investment From Samsung Ventures
South East Asia’s P2P financing platform, Funding Societies also known as Modalku in Indonesia, announced that Samsung Venture Investment Corporation has invested in its latest funding round. Funding Societies intends to expand its technology team across to tap tech and
Read More
Funding Societies Appoints Ex-GoBear Co-Founder as CFO
P2P financing platform Funding Societies, announced today, key additions to its executive team including former GoBear Co-Founder, Frank Stevenaar as its first Chief Financial Officer. Frank will be overseeing Funding Societies’ finance operations, boosting its fundraising efforts, and strengthening its
Read More
5 Fast Growing Fintechs in Singapore According to IDC
IDC Financial Insights today released the 2020 update of its FinTech Fast 101 research which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. IDC’s FinTech Fast 101 research refers to fast-growing fintech players
Read More
P2P Lending Platform Funding Societies Surpasses SGD 1 Billion in SME Lending
Funding Societies, a SME digital financing platform in Southeast Asia, is ending an eventful year by crossing the SGD 1 billion mark in SME loans. In line with the platform’s goal of responsible growth, Funding Societies expanded its loan volume
Read More
10 of The Top Funded Fintechs in Singapore
Depending on whether you count Grab (and that can be a contentious argument), Singapore has yet to produce a homegrown unicorn operating in fintech: but all signs point to one emerging in the future. Singapore only has Hong Kong as
Read More
5 of Indonesia Fintech’s Biggest Funding Rounds of 2018
DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending. Between December 2017 to November 2018, DailySocial observed at least 14 disclosed funding for fintech startups, noting
Read More