Funding Societies

Funding Societies is a Southeast Asian digital financing platform for small and medium-sized enterprises (SMEs), headquartered in Singapore.

[5] In January 2016, Funding Societies launched Modalku, which means "My Capital" in Bahasa Indonesia to reach out to SMEs in the Indonesian Market.

In September, Funding Societies introduced Miyubot, a chatbot driven by Artificial Intelligence and Natural Language Processing.

Miyubot works round the clock to answer queries that a business owner or an investor may ask about the products and services offered by Fintech but is no longer in use.

In the same year, Modalku (Funding Societies) became the first Southeast Asian company to win the Global SME Excellence Award from United Nations' ITU Telecom.

[10] More than 20,000 micro, small and medium enterprises (MSMEs) in Malaysia first and subsequently across the region will be connected to Funding Societies' financing solutions via Razer Merchant Services (RMS).

Thailand will be Funding Societies' fourth market in its six years of operations, making it the only SME digital financing platform in Southeast Asia to be licensed in four countries.

In the same month, Funding Societies achieved $2 billion in disbursals of business financing[13] to small and medium enterprises across the region.