Funding Societies Singapore Information

Funding Societies | Modalku is the largest unified SME digital finance platform in Southeast Asia. It is licensed in Singapore, Indonesia, Thailand, registered in Malaysia, and operates in Vietnam, and backed by SoftBank Vision Fund 2, SoftBank Ventures Asia, Sequoia Capital India, Alpha JWC Ventures amongst many others. It provides business financing to small and medium-sized enterprises, which is funded by individual and institutional investors. In 8 years, it has helped finance over 5 million business loans with over S$4.7 billion in funding. Founded in 2015 in Singapore, Funding Societies | Modalku is the most well-funded digital lending platform in Southeast Asia, with a USD 25 million Series B funding round led by SoftBank Ventures Asia, the early-stage venture capital arm of Japanese investment giant Softbank Group, and supported by Sequoia India, Alpha JWC Ventures and Golden Gate Ventures. Funding Societies | Modalku is dedicated to the vision of funding underserved SMEs and making a positive impact in society. We exist to enable fair financial access and providing payment solutions to Southeast Asia. Check out our story: https://blog.fundingsocieties.com/our-story/