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Funding Societies enters strategic partnership with SGeBIZ to bring embedded finance solutions for SMEs in Singapore

Funding Societies, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced a strategic partnership with Singapore E-Business (SGeBIZ) – a digital procurement, payment and sourcing platform provider – to bring B2B (business-to-business) embedded finance (EmFi) solutions to businesses in Singapore, that will channel Funding Societies' digital financing capabilities via the "Buy Now, Pay Later" (BNPL) feature offered within the latter's procureme ....

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Funding Societies raises US$7.5 million from Norfund, bringing financial inclusion for SMEs in Southeast Asia

Funding Societies raises US$7.5 million from Norfund, bringing financial inclusion for SMEs in Southeast Asia
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Nearly seven in 10 SMEs in Southeast Asia rely on startup capital from savings, family and friends: SME Industry Report

In Southeast Asia, about 70% of SMEs (small and medium enterprises) started their business with seed money raised from their personal savings and from family and friends' financial support – particularly in Indonesia, Malaysia and Singapore. This finding stood out from a report published by Funding Societies, Southeast Asia's largest unified SME digital finance platform. ....

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Funding Societies secures $27m debt funding to support SMEs

Southeast Asian online lending platform Funding Societies, known as Modalku in Indonesia, has announced raising $27 million in debt funding. ....

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Funding Societies raises US$27 million in debt funding from institutional investors to bridge credit gap for SMEs in Southeast Asia

Funding Societies raises US$27 million in debt funding from institutional investors to bridge credit gap for SMEs in Southeast Asia ....

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