FUNDING SOCIETIES
Funding Societies is a SME digital financing platform in Southeast Asia. It is licensed in Singapore, Indonesia, Thailand, and registered in Malaysia. It is backed by Sequoia India and Softbank Ventures Asia Corp amongst many others and provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors. In 6 years, it has helped finance over 4 million business loans with over S$2 billion in funding. It was given the MAS FinTech Awa... rd in 2016, the Global SME Excellence Award at the United Nations’ ITU Telecom World in 2017, KPMG Fintech100 in 2018, Brands for Good in 2019, and in 2020 recognized by IDC as amongst the 5 fastest growing FinTechs in Singapore, won the Stevie® Award for Innovation in Technology, and named ASEAN Startup of the Year by Global Startup Awards. In 2015, co-founders Kelvin Teo, Iwan Kurniawan, and Reynold Wijaya founded Funding Societies. The company is headquartered in Central Region, Singapore.
FUNDING SOCIETIES
Industry:
Commercial Lending Financial Services FinTech Funding Platform Lending
Founded:
2015-06-01
Address:
Singapore, Central Region, Singapore
Country:
Singapore
Website Url:
http://www.fundingsocieties.com
Total Employee:
101+
Status:
Active
Contact:
+65 6221 0958
Total Funding:
560.79 M USD
Technology used in webpage:
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Current Advisors List
Board_member
2016-01-01
Board_member
2016-06-01
Current Employees Featured
Kelvin Teo Co-Founder and CEO @ Funding Societies
Co-Founder and CEO
2015-02-01
Iwan Kurniawan Co-founder and COO @ Funding Societies
Co-founder and COO
2015-12-01
Reynold Wijaya Co-founder @ Funding Societies
Co-founder
2015-02-01
Alexander Christian Digital Marketing Director @ Funding Societies
Digital Marketing Director
2016-04-01
Frank Stevenaar Chief Financial Officer @ Funding Societies
Chief Financial Officer
2020-08-31
Varun Bhandari Country Head- Thailand @ Funding Societies
Country Head- Thailand
Simon Xie CEO @ Funding Societies
CEO
2022-08-01
Simon Xie Country Head @ Funding Societies
Country Head
2021-03-01
Founder
Acquisitions List
Date | Company | Article | Price |
---|---|---|---|
2022-06-29 | CardUp | CardUp acquired by Funding Societies | N/A |
Investors List
HSBC Bank Singapore
HSBC Bank Singapore investment in Debt Financing - Funding Societies
Ascend Vietnam Ventures
Ascend Vietnam Ventures investment in Series C - Funding Societies
Indies Capital Partners
Indies Capital Partners investment in Series C - Funding Societies
K3 Ventures
K3 Ventures investment in Series C - Funding Societies
EDBI
EDBI investment in Series C - Funding Societies
Rapyd Ventures
Rapyd Ventures investment in Series C - Funding Societies
VNG
VNG investment in Series C - Funding Societies
SoftBank Vision Fund
SoftBank Vision Fund investment in Series C - Funding Societies
500 TukTuks
500 TukTuks investment in Venture Round - Funding Societies
Taurus Wealth
Taurus Wealth investment in Debt Financing - Funding Societies
Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2022-02-23 | Bank Index | Funding Societies investment in Corporate Round - Bank Index | N/A |
Newest Events participated
Key Employee Changes
Date | New article |
---|---|
2022-08-09 | Funding Societies Singapore appoints country head Simon Xie as CEO |
2020-09-08 | Funding Societies Appoints Ex-GoBear Co-Founder as CFO |
Official Site Inspections
http://www.fundingsocieties.com Semrush global rank: 1.92 M Semrush visits lastest month: 11.37 K
- Host name: 199.60.103.126
- IP address: 199.60.103.126
- Location: Canada
- Latitude: 43.6319
- Longitude: -79.3716
- Timezone: America/Toronto

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