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Funding Societies Pte Ltd

Latest News

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 Soci...

2024-11-05 11:30 1668

Maybank Announces Strategic Investment in Funding Societies, Southeast Asia's Largest MSME Digital Finance Platform

SINGAPORE, Sept. 11, 2024 /PRNewswire/ -- Maybank, a dedicated banking partner to more than 1 milli...

2024-09-11 11:15 1951

Funding Societies enters strategic partnership with SGeBIZ to bring embedded finance solutions for SMEs in Singapore

SINGAPORE, April 24, 2024 /PRNewswire/ -- Funding Societies , the...

2024-04-24 11:30 1691

Khazanah Nasional Berhad and CGC Digital announce strategic investment in Funding Societies to broaden financing access to MSMEs

SINGAPORE, Jan. 3, 2024 /PRNewswire/ -- Khazanah Nasional Berhad ("Khazanah") and CGC Digital Sdn B...

2024-01-03 14:30 2390

Funding Societies raises US$7.5 million from Norfund, bringing financial inclusion for SMEs in Southeast Asia

SINGAPORE, Nov. 2, 2023 /PRNewswire/ -- Funding Societies | Modalku

2023-11-02 11:00 2310

Nearly seven in 10 SMEs in Southeast Asia rely on startup capital from savings, family and friends: SME Industry Report

* Study uncovers the need for a solution to improve cash flow management for SMEs * High intere...

2023-10-10 11:00 2515

Funding Societies raises US$27 million in debt funding from institutional investors to bridge credit gap for SMEs in Southeast Asia

First such debt transaction from all institutional investors with a SME FinTech lender in SEA SING...

2023-09-26 11:00 2447

Funding Societies crosses US$3 billion in SME Lending, doubles down beyond financing to bolster support for SMEs' needs

SINGAPORE, April 18, 2023 /PRNewswire/ -- Funding Societies | Modalku, the largest unified SME digi...

2023-04-18 10:30 7282

Funding Societies crosses US$3 billion in SME Lending, doubles down to continue supporting SMEs' needs in Vietnam

HO CHI MINH CITY, Vietnam, April 18, 2023 /PRNewswire/ -- Funding Societies | Modalku , the largest...

2023-04-18 10:24 2691

Funding Societies signs US$50 million credit facility with HSBC to drive SME growth in Southeast Asia

SINGAPORE, Aug. 22, 2022 /PRNewswire/ -- Funding Societies, Southeast Asia's largest Small and Medi...

2022-08-22 10:30 4085

Funding Societies acquires CardUp, drives payments expansion

* Acquisition of the digital payments platform will take place in June and is subject to regulato...

2022-06-30 09:00 6207

Funding Societies acquires CardUp, drives payments expansion

* Acquisition of the digital payments platform will take place in June and is subject to regulato...

2022-06-29 09:30 4569

Funding Societies Announces US$16M ESOP Buyback for Former and Existing Employees

The announcement follows the Company's recent US$294m Series C+ equity and debt funding round and w...

2022-03-16 11:03 3451

Funding Societies unveils Virtual Card Elevate, addressing 80% of MSME corporate credit card gap

SINGAPORE, March 3, 2022 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital fi...

2022-03-03 10:15 3687

Funding Societies raises US$294m to fuel expansion plans in Southeast Asia

* Southeast Asia's largest SME digital financing platform raises US$144 million Series C+ equity ...

2022-02-16 11:15 2677

Funding Societies: Survey reveals 72% of MSMEs in SEA boosted revenue with digital financing

SINGAPORE, Nov. 24, 2021 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital fi...

2021-11-24 10:15 3244

Funding Societies raises US$18m Debt from Japanese and Singaporean Impact Investors, on track to raise US$120m

SINGAPORE, Oct. 7, 2021 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital fin...

2021-10-07 10:15 2354

Funding Societies crosses S$2B in SME Lending

SINGAPORE, Feb. 18, 2021 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital fi...

2021-02-18 10:15 4245

Funding Societies gets Samsung investment

SINGAPORE, Dec. 16, 2020 /PRNewswire/ -- Southeast Asia's largest SME digital financing platform, F...

2020-12-16 10:15 3370

Funding Societies announces Key Management Changes to prepare for Post-COVID Growth

SINGAPORE, Sept. 9, 2020 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital fi...

2020-09-09 10:15 4114
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