Funding Societies
Gobi Partners backs Funding Societies to advance SME financing, fintech innovation across SEA
Funding Societies | Modalku, the largest small and medium-sized enterprise (SME) digital finance platform in Southeast Asia, has announced a strategic equity investment from Gobi Partners, an Asia-focused venture capital firm.
March 20, 2025
Funding Societies, Boss Boleh join forces to provide digital financing solutions to startups and young SMEs in Malaysia
Funding Societies | Modalku (Funding Societies), the Singapore-based digital finance platform, has on Wednesday announced a partnership with Boss Boleh, the Malaysia-based online company secretary provider, to provide digital financing solutions to startups and young small and medium-sized enterprises (SMEs) in Malaysia.
March 5, 2025
TNGlobal Insider,AI,FinTech,Opinion
How AI agents will be instrumental in fintech innovations in Southeast Asia
As both startups and established players collaborate with regional VCs, the widespread adoption of #AIAgents in #fintech will likely redefine how consumers and businesses engage with financial services—highlighting a more inclusive and innovative digital economy across the region.
February 20, 2025
CGC Digital, Funding Societies, and FarmByte team up to support agricultural financing in Malaysia
Malaysia-based fintech firm CGC Digital, Singapore-based financing platform Funding Societies | Modalku (Funding Societies), and Malaysia-based agricultural digital service firm FarmByte have teamed up to support agricultural financing in Malaysia.
February 12, 2025
Funding Societies partners foodpanda to offer financing for Bumiputera merchants in Malaysia
Funding Societies, Southeast Asia’s small and medium enterprise (SME) digital finance platform, has extended its partnership with global delivery firm Delivery Hero's subsidiary foodpanda to offer exclusive financing for Bumiputera merchants in Malaysia.
January 7, 2025
Funding Societies secures $25M investment from Cool Japan Fund
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised US$25 million in equity investment from Japan’s sovereign wealth fund Cool Japan Fund (CJF).
December 19, 2024
News,SEA,Malaysia,Singapore,FinTech
Funding Societies extends partnerships with CGC Digital to boost Malaysian micro and small businesses financing
Funding Societies | Modalku, a Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs), has expanded its digital guarantee products in partnership with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad, to provide Malaysian micro and small businesses with broader and more affordable…
December 18, 2024
Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia
Funding Societies, the Singapore-based unified digital finance platform for micro, small and medium enterprises (MSMEs) has on Tuesday announced signing the third credit facility with HSBC under its ASEAN Growth Fund.
November 5, 2024
Malaysia’s Maybank invests in Funding Societies
Malaysian lender Malayan Banking Berhad (Maybank) has announced a strategic investment in Funding Societies | Modalku (Funding Societies), an unified digital finance platform for micro, small and medium enterprises (MSMEs) in Southeast Asia.
September 11, 2024
News,SEA,Malaysia,Singapore,FinTech
Funding Societies has disbursed $64.22M in Islamic financing to MSMEs in Malaysia
Funding Societies, the Singapore-based unified digital finance platform for small and medium sized enterprises (SMEs), has successfully disbursed MYR 300 million ($64.22 million) in Islamic business financing to more than 2,500 micro, small, and medium enterprises (MSMEs) in Malaysia since launching its comprehensive suite of Islamic products in June 2023.
July 23, 2024