Funding Societies Malaysia logo — Southeast Asia's largest unified SME digital platform that p...

Funding Societies Malaysia

Southeast Asia's largest unified SME digital platform that provides business financing to SMEs

Founded 2017 Malaysia Malaysia 61 employees Financial Services, Fintech +1

General Information

Company Name Funding Societies Malaysia
Founded Year 2017
Location Malaysia Malaysia +1
Founders / Decision Makers
Team member
Employees 61
Industries Financial Services, Fintech, Platforms
Social

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About Funding Societies Malaysia

Funding Societies Malaysia is Southeast Asia's largest unified SME digital finance platform, providing business financing to SMEs and offering investment opportunities to retail and institutional investors. Launched in 2017 in Malaysia, it is one of the first digital financing platforms to be registered with the Securities Commission of Malaysia. Backed by a USD144 million Series C+ equity funding round led by SoftBank Vision Fund 2 and participation from VNG, Rapyd Ventures, EDBI, Indies Capital, Ascend Vietnam Ventures, Sequoia Capital India, and BRI Ventures, it stands as one of the most well-funded FinTech platforms in the region. Funding Societies | Modalku has disbursed more than RM15 billion in working capital to over 100,000 SMEs since its establishment. Operating in Singapore, Indonesia (known as Modalku), Thailand, and Vietnam, the company is dedicated to its vision of funding underserved and growing SMEs, thereby improving societies in Southeast Asia. As a Financial Services and Fintech player, it has shown significant growth since its founding in 2015, indicating a promising future for investors and stakeholders.

Taxonomy: FinTech, SME financing, Digital platform, Investment opportunities, Retail investors, Institutional investors, Series C+ funding, SoftBank Vision Fund 2, SME growth, Southeast Asia, Registered with Securities Commission, Working capital, Underserved markets, SME loans, Investment programs

No funding data available for Funding Societies Malaysia yet.

Funding Societies Malaysia Alternatives & Competitors

Funding Societies Malaysia vs

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FAQ About Funding Societies Malaysia

Southeast Asia's largest unified SME digital platform that provides business financing to SMEs
Funding Societies Malaysia was founded in 2017.
Funding Societies Malaysia is headquartered in Malaysia.
Funding Societies Malaysia operates in the following industries: Financial Services, Fintech, Platforms.
Funding Societies Malaysia has approximately 61 employees.
Top alternatives and competitors to Funding Societies Malaysia include Funding Societies Singapore, Validus, BitForex, Everbright Securities International, Indiabulls Ventures Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Funding Societies Malaysia and Funding Societies Singapore are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Funding Societies Malaysia, https://bouncewatch.com/company/funding-societies-malaysia, updated 29 November 2024. When citing, please name BounceWatch and link this page.

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