Funding Societies launches Invoice Financing
SMEs can receive funds upfront for their customer invoices, with up to 80% of invoice value and a term range of 30 to 120 days.
Indosurya Finance revamps website, targets SMEs
Aims to offer better financial access to SMEs and the younger generation.
Funding Societies raises US$25 million in series B round
This oversubscribed series B round is the largest raised by a P2P lending platform in Southeast Asia.
Modalku Group hits US$74mil in total crowdfunded MSME loans
Company’s business has grown nine times compared to 2016.
Modalku, Pefindo Credit Bureau partner to create more inclusive financial ecosystem
Partnership builds efficiency while lowering risks for lenders.
Modalku, TaniHub announce cash flow solution partnership for Indonesian farmers
The partnership is aligned with National Financial Inclusion Strategies, which focus on farmers, fishermen, craftsmen, and MSMEs.
Modalku becomes first P2P lending company to join IACPM
Also welcomes credit portfolio management expert Terry Tse as advisor.
Modalku launches mobile app for lenders
App provides convenience and mobility from sign-up to crowdfunding for alternative investments.
Modalku makes it into CB Insights’ Fintech 250 list
It is the only peer-to-peer lending company from Southeast Asia included in the list.
Modalku launches Merchant Cash Advance for underbanked MSMEs
Indonesian fintech startup is now officially registered and licensed at the Financial Services Authority.