Funding Societies Stock
Lending Marketplace for SMEs
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About Funding Societies Stock
Funding Societies is an online platform that connects investors with small businesses that need funds, solving the financial inclusion issue by making credit-worthy SMEs bankable. They operate in South East Asia and have won a lot of accolades, including the Global Excellence Award from ITU Telecom, a specialized agent of the United Nations for ICT. They are the first P2P platform that got operating licenses from the regulators in Singapore, Indonesia and Malaysia.
Investors
Golden Gate Capital
Sequoia Capital India
MobiKwik, OYO, Ola, Razorpay, WuXi NextCODE, Polygon Technology, Druva, Innovaccer, Twin Health, Beam
Qualgro VC
Line Corporation
The Graduate Syndicate
Funding History
| August 2016 | $10.0M |
|---|---|
| August 2017 | $10.0M |
| April 2018 | $25.0M |
| April 2020 | $40.0M |
Management
Co-Founder & Group Chief Executive Officer
Kelvin Teo
Chief Executive Officer (Singapore)
Dheeraj Chowdhry
Press
techinasia - Feb, 27 2024
Ex-Funding Societies CTO launches YC-backed ecommerce AI startupdealstreetasia - Jan, 12 2024
Funding Societies looks to raise $40m in latest funding rounde27 - Jan, 3 2024
Khazanah, CGC Digital invest in Funding Societiesvulcanpost - Jan, 3 2024
Funding Societies secures Khazanah investment to close RM90mil funding gap for M’sian MSMEsdealstreetasia - Jan, 3 2024
Malaysia's Khazanah invests in SME financing platform Funding SocietiesEquityZen Recognized As:
