Kelvin Teo remarked, "We had grown up as underdogs, felt privileged to be at HBS and wanted to pay it forward to Southeast Asia. SMEs resonate with us and financing is their biggest pain point."
Funding Societies has loaned more than $4 billion to over 100,000 businesses, demonstrating strong growth across the region amidst ongoing challenges faced by SMEs.
The recent $25 million investment from Cool Japan Fund marks a significant milestone as their first investment in a fintech company in Southeast Asia.
The total amount raised by Funding Societies has reached approximately $250 million, showcasing confidence from various strategic investors like SoftBank Vision Fund 2 and Khazanah Nasional Berhad.
Collection
[
|
...
]