Funding Societies - About the company
Funding Societies is a series D company based in Singapore (Singapore), founded in 2015 by Reynold Irsian Wijaya, Kelvin Teo and Kah Meng Wong. It operates as a Digital platform providing financing solutions for small businesses. Funding Societies has raised $242M in funding from investors like 500 Global, Samsung Venture Investment and Khazanah Nasional Berhad. The company has 450 active competitors, including 75 funded and 21 that have exited. Its top competitors include companies like InCred, Moneyview and Vivriti Capital.
Company Details
Digital platform providing financing solutions for small businesses. It offers various financing options, including micro loans, term loans, and invoice financing. It aims to provide accessible and reliable financing to support business growth. The platform also facilitates debt investments for individual and institutional investors.
- Website
- fundingsocieties.com
- Social
- Email ID
- *****@fundingsocieties.com
- Phone Number
- +65 **********
- Registered Address
- ROBINSON ROAD, Singapore, 68900
Key Metrics
Founded Year
2015
Location
Singapore, Singapore
Stage
Series D
Total Funding
$242M in 20 rounds
Latest Funding Round
Investors
Ranked
2nd among 450 active competitors
Annual Revenue
$50M - $100M as on Dec 31, 2024
Employee Count
471 as on Sep 30, 2026
Legal entities associated with Funding Societies
Funding Societies is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FS SIAM CO., LTD CIN: 105563070599 , Thailand, Active | - | - | ||
FUNDING ASIA GROUP PTE. LTD. UEN: 201537647E , Singapore, Active | Oct 14, 2015 | $50M - $100M (As on Dec 31, 2024) | - | |
FUNDING SOCIETIES PTE. LTD. UEN: 201505169M , Singapore, Active | Feb 26, 2015 | SGD 1M - 10M (As on Dec 31, 2020) | - |
Sign up to download Funding Societies' company profile
Funding Societies's funding and investors
Funding Societies has raised a total funding of $242M over 20 rounds. Its first funding round was on Aug 04, 2016. Its latest funding round was a Series D round on Mar 20, 2025 for $*****. 1 investor participated in its latest round. Funding Societies has 54 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Funding Societies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 20, 2025 | 5082052 | Series D | 4015877 | 1007992 | 3675943 | 7435567 |
Dec 19, 2024 | 8347444 | Series D | 4214333 | 4403068 | 9880205 | |
Sep 11, 2024 | 1052824 | Series D | 1989571 | 7677186 | 3687520 |
Access funding benchmarks and valuations. Sign up today!View details of Funding Societies's funding rounds and investors
Funding Societies' founders and board of directors
Founder? Claim ProfileThe founders of Funding Societies are Reynold Irsian Wijaya, Kelvin Teo and Kah Meng Wong. Kah Meng Wong is the CEO of Funding Societies.
Here are the details of Funding Societies' key team members:
- Reynold Irsian Wijaya: Co-Founder of Funding Societies and founder of 2 other companies, Farview Equity Partners and Modalku. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 2 email addresses
- Kelvin Teo: Co-Founder of Funding Societies and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Kah Meng Wong: Co-Founder & CEO & Group COO of Funding Societies. They serve on the board of 1 company.Contact Info: 1 email address
Funding Societies' Board of Directors
Funding Societies's board has 13 active members. Reynold Irsian Wijaya and Kelvin Teo are part of team and Lee Eun Woo, Le Hong Minh, Ryoji Nishimura, Iwan Kurniawan, Yap Hsien Liang, Johan Bin Mohd Roslie, Varun Ahuja, Dharmadi, Wiling Ongkowidjaja, Chandra Tjan and Lee Chi Haeng are independent board members.Here is the list of Funding Societies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 10m | |
rlxmegv | Team | - | Past | 3y 9m |
tahiuzd | Team | - | Past | 5y 9m |
Independent board member | - | Current | 8y 4m | |
mkvuhdd | Independent board member | - | Current | 2y 4m |
ng{ppks | Independent board member | - | Current | 8y 2m |
woadfxn | Independent board member | - | Current | 3y 7m |
vyavdkn | Independent board member | - | Current | 1y 3m |
xmrovxy | Independent board member | - | Current | 5y 7m |
d{zzatr | Independent board member | - | Current | 7y 7m |
scazzdx | Independent board member | - | Current | 8y 7m |
ihpsnhg | Independent board member | - | Current | 3y 5m |
aklnufh | Independent board member | - | Current | 7y 4m |
jrfa{rn | Independent board member | - | Past | 6y 6m |
epgxrrk | Independent board member | - | Past | 6y 8m |
ss{qbgf | Independent board member | - | Past | 2y 5m |
gtnanms | Independent board member | - | Past | 6y 6m |
View details of Funding Societies's Founder profiles and Board Members
Funding Societies' employee count trend
Funding Societies has 471 employees as of Sep 26. Here is Funding Societies's employee count trend over the years:
Uncover Funding Societies' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Funding Societies's Competitors and alternates
Top competitors of Funding Societies include InCred, Moneyview and Vivriti Capital. Here is the list of Top 10 competitors of Funding Societies, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
2nd |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 81/100 | |
3rd | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 76/100 | ||
4th |  Vivriti Capital 2017, Chennai (India), Series D | Provider of technology-enabled debt financing solutions to mid-market enterprises | $205M | 75/100 | |
5th |  Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
6th | Provider of alternative debt and supply chain financing solutions to businesses | $36.3M | 72/100 | ||
7th | Provider of financial solutions, including loans, for SMEs and corporates | $201M | 71/100 | ||
8th |  Credit Saison 2019, Bengaluru (India), Series D | Provider of diverse financial products and lending solutions for businesses and individuals | $144M | 70/100 | |
9th |  APAC Group 2017, Mumbai (India), Series B | Provider of financial loans for small and medium business enterprises | $90M | 69/100 | |
10th | DMI Finance 2008, Delhi (India), Series E | Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans | $734M | 69/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Funding Societies's competitors? Click here to see the top ones
Funding Societies's Investments and acquisitions
Funding Societies has made 2 investments in Bank Index and Friz and acquired CardUp.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 29, 2022 | Acquisition | 2015 | Singapore (Singapore) | |
Feb 25, 2022 | Investments | 1992 | Jakarta (Indonesia) | |
Sep 30, 2021 | Investments | 2020 | Singapore (Singapore) |
Want to know more about where corporates are investing? Sign up today!Reports related to Funding Societies
Here is the latest report on Funding Societies's sector:
News related to Funding Societies
Filter this listMedia has covered Funding Societies for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
GXS Bank and Funding Societies Partner for S$2M Property-Backed Loans to Empower Singapore SMEsBEAMSTART•Apr 28, 2026•Funding Societies, GXS
•
•
Funding Societies partners VPBank to facilitate SME financing access in VietnamThe Business Times•Jun 20, 2025•Funding Societies, VP Bank
•
Funding Societies Outlines 5-Year Strategy Vision Focused on Thailand's Digital Economy, Aims to Support Thai SMEsBangkok Post•Jun 18, 2025•Funding Societies
•
Funding Societies Secures Equity Investment From Gobi PartnersTech in Asia•Mar 20, 2025•Funding Societies, Gobi Partners
•
Funding Societies | Modalku Secures Equity Investment from Gobi PartnersFinTechnews•Mar 20, 2025•Funding Societies, Gobi Partners
•
Cgc Digital, Funding Societies And Farmbyte Sign Mou To Narrow Financing Gap For Msmes In Agriculture SegmentThe Star Online•Feb 14, 2025•Funding Societies, FarmByte, Cgcdigital
•
Is Southeast Asia Fintech Funding Drying Up?FinTechnews•Jan 13, 2025•Polyhedra Network, East Ventures, Y Combinator, Antler and 13 others
•
Funding Societies raises $25M to boost capital for SMEs in Southeast AsiaTechCrunch+•Dec 19, 2024•Funding Societies, Cool Japan Fund, SoftBank Vision Fund, Khazanah Nasional Berhad and 2 others
•
Funding Societies signs third credit facility with HSBCTech in Asia•Nov 05, 2024•Funding Societies, HSBC
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Funding Societies
Explore our recently published companies
- HOUSING OPTIONS PROVIDED FOR THE ELDERLY - Funding Raised company
- Discovery Hydrovac - West Sacramento based, 2012 founded, Unfunded company
- UNIVERSITY OF MASSACHUSSETTS BOSTON - Boston based, Funding Raised company
- BBULL Technology - Germany based, 1979 founded, Unfunded company
- Ground Creative - 2011 founded, Unfunded company
- Professio - Finland based, Unfunded company
