Volume doubles in six months after crossing funding of US$73 million in January 2018.
This oversubscribed series B round is the largest raised by a P2P lending platform in Southeast Asia.
Partnership is first of its kind between leading fintech player and network of CFOs in the region.
Create educative financing related workshops for small businesses with limited or no access to funding.
Funding Societies launches debt crowdfunding platform in Malaysia to provide SMEs and investors with alternative financing and investment opportunities.
Funding Societies announces the launch of FS Bolt - a mobile application to provide flexible working capital loans for local SMEs.
Funding Societies, via Modalku Ventures, will be launching its P2P lending platform in Malaysia first half next year. What is the company's strategy? Goh Thean Eu writes.
Singapore-based Funding Societies, which has secured US$7.4 million in Series A funding, will be using part of the additional funding to meet with regulatory requirements in the three markets it currently operates in.
P2P lending is gaining traction in Singapore, with local startup Funding Societies having disbursed S$2.4mil worth of loans in the few months since its official launch.