Funding Societies

Funding Societies is a peer-to-peer lending platform that offers business loans and invoice financing solutions for entrepreneurs. Read more

621 Followers on Owler
621 Followers on Owler
621 Followers on Owler
621 Followers on Owler

Funding Societies

Funding Societies is a peer-to-peer lending platform that offers business loans and invoice financing solutions for entrepreneurs. Read more

Kelvin Teo's photo - Co-Founder & CEO of Funding Societies

Co-Founder & CEO

Kelvin Teo

CEO Approval Rating

77/100

Founded:

2015

Status:

PrivateIndependent Company

FUNDING SOCIETIES TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Missing a competitor? Contribute!

Validus has been one of Funding Societies's top competitors. Validus is a Private company that was founded in 2015 in Singapore, Central Singapore. Like Funding Societies, Validus also competes in the Fintech sector. Compared to Funding Societies, Validus has 225 fewer employees.

Fundaztic is seen as one of Funding Societies's biggest rivals. Fundaztic is a Private company that was founded in Petaling Jaya, Selangor in 2017. Like Funding Societies, Fundaztic also operates in the Fintech sector. Fundaztic has 150 fewer employees vs. Funding Societies.

StashAway is perceived as one of Funding Societies's biggest rivals. StashAway was founded in Singapore, Central Singapore} in 2016. Like Funding Societies, StashAway also competes in the Fintech space. Compared to Funding Societies, StashAway generates $1.2M less revenue.

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Growth Score - 1/1

Is 300 a good estimate for Funding Societies's Employee count?

Funding Societies Acquisitions

No recent acquisitions found related to Funding Societies

Funding Societies Funding History

Since Funding Societies was founded in 2015, it has participated in 6 rounds of funding. In total Funding Societies has raised $78.5M. Funding Societies' last funding round was on Jan 2021 for a total of $6.1M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jan 2021
$6.1M

Lendahand

Venture Round
Dec 2020
--
Equity
Nov 2020
--
Series C
Apr 2020
$40M
-
Series B
Apr 2018
$25M

Since Funding Societies was founded in 2015, it has participated in 6 rounds of funding. In total Funding Societies has raised $78.5M. Funding Societies' last funding round was on Jan 2021 for a total of $6.1M

Funding Societies Investments

No recent investments found related to Funding Societies

Funding Societies News

February 9, 2021Fintech Singapore

Funding Societies Notched up Its 4th Market With Thailand Expansion

Funding Societies, Southeast Asian SME digital financing platform, has launched in Thailand and will ... See more »
January 25, 2021Crowdfund Insider

Dutch Crowdfunding Platform Lendahand Announces €5 million Debt Facility For Funding Societies to Support Southeast Asian Underserved SMEs

Dutch Crowdfunding Platform Lendahand Announces €5 million Debt Facility For Funding Societies to Sup... See more »
December 17, 2020DealStreetAsia

SG's Funding Societies garners investment from Samsung Venture

The corpus will help Funding Societies expand its technology team and ramp up recruitment. The post S... See more »
December 16, 2020e27

Samsung backs Funding Societies to drive its vision of financial inclusion for SMEs in SEA

Funding Societies (also known as 'Modalku' in Indonesia), an online lending platform for small and me... See more »
December 16, 2020Finews Asia

P2P Lender Funding Societies Bags Samsung Investment

The raise comes on the back of investments from SGInnovate, BRI Ventures, and Endeavor among others.... See more »
November 12, 2020Business Information Industry Association

AMTD's Singapore Solidarity Fund Invests $6.4m in 5 Fintech Startups

The Singapore Solidarity Fund, under AMTD ASEAN Solidarity Fund Group (AMTD ASEAN Solidarity), announ... See more »
September 29, 2020KrAsia

P2P lending platform Funding Societies partners with Razer Fintech to offer MSME loans

The short-team loan products will be first rolled out in Malaysia.... See more »

Funding Societies Blogs

February 26, 2021Funding Societies Blog

2020: Let's take a trip down memory lane

2020, a year like no other, was a whirlwind to say the least. With the global pandemic leaving its ma... See more »
February 25, 2021Funding Societies Blog

How to Invest in Singapore

Investing is one of the many important components in personal finance and educating oneself on it cou... See more »
February 9, 2021Funding Societies Blog

Trade Financing: Gearing up SMEs for business growth in 2021

Trade finance has been increasing in popularity as a tool to smoothen out financial demands and drive... See more »
February 9, 2021Funding Societies Blog

Understanding Supply Chain Financing for SMEs in Singapore

Understanding Supply Chain Financing for SMEs in Singapore Supply chain ecosystems are like arteries ... See more »
February 9, 2021Funding Societies Blog

9 Principles of Investing for Beginners

Principles of Investing To start, there are no investment hacks and shortcuts. Investing requires tim... See more »
February 9, 2021Funding Societies Blog

7 Types of Alternative Investments

"Either make your money work for you or you will always have to work for your money" - Marshall Sylve... See more »
January 20, 2021Funding Societies Blog

Business Loan Singapore - The Definitive Guide (2021)

Ultimate Guide to Business Loans in Singapore Summary: Business loans may help SMEs facing cash flow ... See more »

Funding Societies Press Releases

Funding Societies Videos

Social Media

Funding Societies Headquarters

112 Robinson Road Level 8

Singapore, Central Singapore068902

65-6221-0958

Driving Directions »

Trending Companies

Funding Societies Summary

ABOUT

Overview

Funding Societies is a peer-to-peer lending platform that offers business loans and invoice financing solutions for entrepreneurs. Funding Societies was founded in 2015. Funding Societies' headquarters is located in Singapore, Central Singapore, SG 06...

CEO

Funding Societies's Co-Founder & CEO, Kelvin Teo, currently has an approval rating of 77%. Funding Societies's primary competitors are Validus, Fundaztic & StashAway.

Website

fundingsocieties.com

Frequently Asked Questions about Funding Societies

  1. When was Funding Societies founded?

    Funding Societies was founded in 2015
  2. Who is Funding Societies's CEO?

    Funding Societies's CEO is Kelvin Teo
  3. How much revenue does Funding Societies generate?

    Funding Societies generates $5.2M in revenue
  4. How much funding does Funding Societies have?

    Funding Societies has historically raised $78.5M in funding
  1. Where is Funding Societies's headquarters?

    Funding Societies's headquarters is in Singapore Central Singapore, SG
  2. How many employees does Funding Societies have?

    Funding Societies has 300 employees
  3. What sector does Funding Societies operate in?

    Funding Societies is in Fintech, Application Software
  4. Who are Funding Societies's competitors?

    Funding Societies's top competitors are Validus, Fundaztic, StashAway