Tag "Funding Societies"
P2P Lending and Digital Lending Fintechs Active in Southeast Asia
The size of the Southeast Asian alternative financing market grew from US$46.65 million in 2015 to a whopping US$215.9 million the following year. That’s almost a fivefold leap in market value in just the span of a year, according to a study
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6 Proudly Singaporean Companies in KPMG’s Fintech100 This Year
The 5th iteration of KPMG’s annual Fintech 100 list has come out recently, in a bid to highlight dynamic fintechs from around the world that are doing something right in the financial services industry, be it digital payments, lending, insurtech,
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15 Inspiring Fintech Founders from South East Asia to Follow
Southeast Asia’s financial services industry is rapidly evolving as a result of disruption from new-age fintech companies and the rapid adoption of fintech solutions. The rise of fintech in the region has been fueled by Southeast Asia’s expanding economies, young-urban-digitally-savvy
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Top 15 Most Well-Funded Southeast Asian Fintech Companies
The financial services industry in Southeast Asia is rapidly evolving as a result of disruption from new-age fintech companies. The rapid adoption of fintech innovation in the region has been fueled by the rapidly expanding expanding economies, young-urban-digitally-savvy population, increasing
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New Singapore Lending Player: Helicap Funded by Former Minister of State
Helicap, a FinTech start-up operating in the fast-growing alternative lending space in South-East Asia and Australia, announced that it has successfully closed US$1.5 million in seed money. The round is led by Singapore’s former Minister of State and the Chairman
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Singapore Fintech Association Unifies Crowdlending Platforms
The Singapore Fintech Associationannounces the launch of the Marketplace Lending committee in response to the rapid growth in the sector. The SFA subcommittee is dedicated to ensuring the local crowdlending industry is a trusted, credible and viable mode of financing for
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Funding Societies Raises $25 Million Series B Funding. Largest P2P Lending Funding in SEA
Leading peer-to-peer lending platform Funding Societies (also known as Modalku in Indonesia), has raised USD 25 Million in Series B funding. Led by Softbank Ventures Korea, the funding round also includes existing investors Sequoia India, Alpha JWC Ventures (Indonesia) and
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Funding Societies Surpasses SGD 100 Million in SME Crowdfunding
Funding Societies, a peer-to-peer (P2P) lending platform in Southeast Asia, welcomed the start of the year by crossing the SGD 100 million mark in total crowdfunded SME loans across Singapore, Indonesia and Malaysia. In line with the platform’s goal of
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Will This Partnership Drive Malaysian SMEs’ Adoption of P2P Loans?
Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a established home-grown accounting firm, will refer promising SMEs
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Fintech Malaysia Report 2017
Note: We’ve update this report, the 2018 edition of the Fintech Report can be found here In the context of conversations surrounding fintech opportunities in South East Asia, Malaysia is often overlooked in lieu of Singapore. While it is true
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