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Funding Societies Malaysia

Founded by : -, 1 January 2017

Kuala Lumpur, Singapore
N/A
51 to 200 employees
https://fundingsocieties.com.my

About the Company

Funding Societies | Modalku is Southeast Asia's largest unified SME digital finance platform that provides business financing to SMEs, as well as investment opportunities to retail and institutional investors. Launched in early 2017 in Malaysia, Funding Societies is one of the first digital financing platforms to be registered with the Securities Commission of Malaysia. It is also one of the most well-funded FinTech platform in the region, with a USD144 million Series C+ equity funding round led by SoftBank Vision Fund 2, with participation from VNG, Rapyd Ventures, EDBI, Indies Capital, Ascend Vietnam Ventures, Sequoia Capital India and BRI Ventures. Funding Societies is also present in Singapore, Indonesia (where it is known as Modalku), Thailand as well as Vietnam. Funding Societies | Modalku has reached a total of more than RM15 billion in disbursed working capital to more than 100,000 SMEs since its establishment. Through its searing growth, Funding Societies | Modalku remains dedicated to the vision of funding the underserved and growing SMEs, thus improving societies in Southeast Asia. Registered with Securities Commission Malaysia. Modalku Ventures Sdn Bhd 201601019329 (1190266X)

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Funding Societies Malaysia’s industry classification falls within the following categories:
  • Sector: -
  • Industry group: -
  • Industry: -
  • Sub-Industry: -
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Company Address

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Source : Google maps