‘We want to pay it forward’: Funding Societies raises $25M to …

Dec 23, 2024  · Their startup, Funding Societies, is a Singapore-based SME lending platform with licensed and registered places of work in Indonesia, Malaysia, Thailand, and Vietnam. On the …


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‘We Want To Pay It Forward’: Funding Societies Raises $25M To …

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Dec 23, 2024  · Their startup, Funding Societies, is a Singapore-based SME lending platform with licensed and registered places of work in Indonesia, Malaysia, Thailand, and Vietnam. On the …

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Dec 19, 2024  · Their startup, Funding Societies, is a Singapore-based SME lending platform with licensed and registered workplaces in Indonesia, Malaysia, Thailand, and Vietnam. On the …

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‘We Want To Pay It Forward’: Funding Societies Raises $25M To …

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Dec 19, 2024  · Ironically, one company’s crisis could become Funding Societies’ gain. Teo said the company expects more consolidation among fintechs focusing on credit in Southeast Asia. …

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'We Want To Pay It Forward': Funding Societies Raises $25M To …

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Dec 27, 2024  · The funding comes from a single investor: Cool Japan Fund (CJF), Japan’s sovereign wealth fund. Notably, this marks the fund’s first funding in a fintech firm in Southeast …

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Singapore's Funding Societies Lands $25m Investment From Cool …

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Dec 20, 2024  · Funding Societies has secured a $25 million equity investment from Japan's sovereign wealth fund, Cool Japan Fund.

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‘We Want To Pay It Forward’: Funding Societies Raises $25M To …

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Dec 19, 2024  · The funding comes from one investor: Cool Japan Fund (CJF), Japan's sovereign wealth fund. Notably, this represents the fund's first funding in a fintech firm in Southeast Asia. …

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Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in …

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Funding Societies Raises $25M To Empower SMEs In Southeast …

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Dec 19, 2024  · Funding Societies’ latest investment is a significant step towards their goal of empowering SMEs in Southeast Asia. By bridging the gap between traditional banking and …

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‘We Want To Pay It Forward’: Funding Societies …

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A social and economic impact report that the startup collaborated on with the Asian Development Bank (ADB) in 2020 found that Funding Societies-backed MSMEs contributed $3.6 billion to …

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'We Wish To Pay It Ahead': Funding Societies Raises $25M To Spice …

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Dec 19, 2024  · Their startup, Funding Societies, is a Singapore-based SME lending platform with licensed and registered places of work in Indonesia, Malaysia, Thailand, and Vietnam. On the …

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‘We Want To Pay It Forward’: Funding Societies Raises $25M To …

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December 19, 2024 Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic …

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Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic

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Funding Societies Raises US$25M To Further Expand Payments …

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Dec 19, 2024  · Funding Societies said it has achieved over US$4 billion in business financing, serving about 100,000 SMEs

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Could a crisis become a 'Funding Societies' gain?

Since a mammoth $144 million Series C+ funding round led by SoftBank Vision Fund 2 in February 2022, the Southeast Asia SME lending market has significantly consolidated, making the startup even stronger as a market leader, claimed Teo. Ironically, one company’s crisis could become Funding Societies’ gain. ...

Who are Funding Societies?

Funding Societies was founded in Singapore in 2015 on the back of the two founders’ collective backgrounds. Teo previously worked at Accenture, McKinsey, and KKR Capstone, while Wijaya had experience in a family business in Indonesia. ...

How can SMEs boost their revenue by 13%?

In addition, it helped SMEs boost their revenue by 13% through quick disbursement and a simple application process, according to the company. Kate Park is a reporter at TechCrunch, with a focus on technology, startups and venture capital in Asia. ...

Do SMEs have enough working capital in Southeast Asia?

Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. ...

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