Research from e27, e27

Research from e27

e27 is Asia's largest Tech media platform. We cover the latest news on emerging and disruptive businesses across the region.

Private Capital Markets

Funding Societies Pte Ltd / Private Capital Markets

<ul><li>Digital finance platform for SMEs in Southeast Asia, Funding Societies (Modalku in Indonesia), has secured US$7.5 million in debt funding from Norwegian government-owned development financial institution (DFI) Norfund.</li><li>The fintech lender will channel the funds via its tailored financing solutions to the SME segments across all five markets.</li><li>This is Norfund’s first debt transaction with a fintech SME lender in Southeast Asia.</li></ul>

Digital finance platform for SMEs in Southeast Asia, Funding Societies (Modalku in Indonesia), has secured US$7.5 million in debt funding from Norwegian government-owned development financial institution (DFI) Norfund.The fintech lender will channel the funds via its tailored financing solutions to the SME segments across all five markets.This is Norfund’s first debt transaction with a fintech SME lender in Southeast Asia.

Funding Societies raises US$7.5M debt financing from Norway’s state-owned Norfund | e27

<ul><li>Southeast Asian SME digital finance platform Funding Societies (known as Modalku in Indonesia) has secured US$27 million in debt funding led by AlteriQ Global. </li><li>Aument Capital Partners (ACP) and Orange Bloom also invested.</li><li>The funds will be channelled via the fintech startup’s tailored financing solutions to support the underserved SME segments in its five markets.</li></ul>

Southeast Asian SME digital finance platform Funding Societies (known as Modalku in Indonesia) has secured US$27 million in debt funding led by AlteriQ Global. Aument Capital Partners (ACP) and Orange Bloom also invested.The funds will be channelled via the fintech startup’s tailored financing solutions to support the underserved SME segments in its five markets.

SME Lender Funding Societies Nets US$27M Debt Funding

Singapore

Funding Societies Pte. Ltd. is a SME digital financing platform. The Company provides business financing to small and medium sized enterprises, which is funded by individual and institutional investors. Funding Societies serves clients in Southeast Asia.

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Funding Societies Pte Ltd (1431501D SP)

Funding Societies raises US$7.5M debt financing from Norway’s state-owned Norfund | e27

(L-R) Funding Societies Co-Founder and Group CEO Kelvin Teo and Norfund Regional Director (Asia) Fay Chetnakarnkul Digital finance platform for...

e27

SME Lender Funding Societies Nets US$27M Debt Funding

Southeast Asian SME digital finance platform Funding Societies (known as Modalku in Indonesia) has secured US$27 million in debt funding led by...

e27

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