Funding Societies

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.

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.

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).

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…

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.

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.

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.

Funding Societies partners SGeBIZ to bring embedded finance solutions for SMEs in Singapore

Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.

Khazanah and CGC Digital invest in Funding Societies to broaden financing access to MSMEs

Khazanah Nasional Berhad (Khazanah) and CGC Digital Sdn Bhd (CGC Digital) have on Wednesday announced an investment into the largest unified small and medium enterprise digital finance platform in Southeast Asia, Funding Societies | Modalku (Funding Societies), to broaden financing access to unserved and underserved businesses.

Funding Societies partners Halal Development Corporation to enhance financing access to halal SMEs

Singapore-based digital finance platform Funding Societies has partnered with a Halal Development Corporation Berhad (HDC), a Malaysian federal government agency under the Ministry of International Trade and Industry (MITI), to enhance financing access to halal small and medium-sized enterprise (SMEs).