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 86 active competitors, including 25 funded and 4 that have exited. Its top competitors include companies like Modalku, i2i and KoinWorks.
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
- 6 SHENTON WAY #21-08 OUE DOWNTOWN SINGAPORE 068809
Key Metrics
Founded Year
2015
Location
Singapore, Singapore
Stage
Series D
Total Funding
$242M in 20 rounds
Latest Funding Round
Investors
Ranked
1st among 86 active competitors
Annual Revenue
$50M - $100M as on Dec 31, 2024
Employee Count
479 as on Jun 30, 2026
Similar Companies
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 |
|---|---|---|---|---|
FUNDING ASIA GROUP PTE. LTD. CIN: 201537647E , Singapore, Active | Dec 31, 2017 | $50M - $100M (As on Dec 31, 2024) | - | |
FS SIAM CO., LTD CIN: 105563070599 , Thailand, Active | - | - | ||
FUNDING SOCIETIES PTE. LTD. CIN: 201505169M , Singapore, Active | Dec 31, 2014 | SGD 1M - 10M (As on Dec 31, 2020) | - |
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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 | 8499180 | Series D | 6401389 | 3172210 | 1206830 | 1109257 |
Dec 19, 2024 | 8300004 | Series D | 2850460 | 4762767 | 7409176 | |
Sep 11, 2024 | 5837350 | Series D | 3545696 | 5328026 | 9894306 |
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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 Iwan Kurniawan, Lee Eun Woo, Ryoji Nishimura, Le Hong Minh, 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 8m | |
ftyrzrw | Team | - | Past | 9y 7m |
{sbdjzr | Team | - | Past | 8y 4m |
Independent board member | - | Current | 8y 2m | |
xagn{bm | Independent board member | - | Current | 5y 8m |
{objume | Independent board member | - | Current | 9y 4m |
kersxvi | Independent board member | - | Current | 5y 5m |
ogbhqnb | Independent board member | - | Current | 3y 6m |
w{ivjtr | Independent board member | - | Current | 2y 5m |
afbsvl{ | Independent board member | - | Current | 7y 7m |
qjouj{c | Independent board member | - | Current | 1y 4m |
cnamz{j | Independent board member | - | Current | 4y 8m |
ysjxcxi | Independent board member | - | Current | 7y 3m |
vdjauvk | Independent board member | - | Past | 1y 1m |
h{g{bmh | Independent board member | - | Past | 5y 1m |
h{sbqfj | Independent board member | - | Past | 1y 4m |
wlkuahk | Independent board member | - | Past | 3y 4m |
View details of Funding Societies's Founder profiles and Board Members
Funding Societies' employee count trend
Funding Societies has 479 employees as of Jun 26. Here is Funding Societies's employee count trend over the years:
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Funding Societies's Competitors and alternates
Top competitors of Funding Societies include Modalku, i2i and KoinWorks. Here is the list of Top 10 competitors of Funding Societies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 80/100 | |
2nd | P2P marketplace for business loans | $66.2M | 70/100 | ||
3rd | P2P lending platform for consumers & businesses | $1.68M | 65/100 | ||
4th | Developer of a P2P lending platform | $93.1M | 55/100 | ||
5th | Provider of a peer-to-peer lending platform connecting lenders and borrowers | $11.1M | 55/100 | ||
6th | Alami Sharia 2017, Jakarta (Indonesia), Series A | Online P2P lending marketplace offering diversified loans to businesses | $19M | 54/100 | |
7th |  Fundmypitch 2022, London (United Kingdom), Series A | Social investment platform that connects investors with investment-ready companies seeking funds | $7.3M | 52/100 | |
8th | P2P lending platform connecting investors with borrowers for monthly income opportunities | - | 51/100 | ||
9th | P2P platform for business loans | $3.76M | 48/100 | ||
10th |  Lumbung Dana 2017, Jakarta (Indonesia), Unfunded | P2P lending platform for consumer and business financing | - | - | 48/100 |
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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) |
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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.
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Funding Societies partners VPBank to facilitate SME financing access in VietnamThe Business Times•Jun 20, 2025•Funding Societies, VP Bank
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Funding Societies Secures Equity Investment From Gobi PartnersTech in Asia•Mar 20, 2025•Funding Societies, Gobi Partners
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Funding Societies | Modalku Secures Equity Investment from Gobi PartnersFinTechnews•Mar 20, 2025•Funding Societies, Gobi Partners
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Is Southeast Asia Fintech Funding Drying Up?FinTechnews•Jan 13, 2025•Polyhedra Network, East Ventures, Y Combinator, Antler and 13 others
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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
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Funding Societies signs third credit facility with HSBCTech in Asia•Nov 05, 2024•Funding Societies, HSBC
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