Stronger SMEs, Stronger Societies" title="" class="btn" data-container="body" data-html="true" data-id="77660" data-placement="top" data-toggle="popover" data-trigger="focus" style="color:#b3d4fc" tabindex="0" data-original-title="FundSocieties"> 460 12,477
Entity types
Location
112 Robinson Rd, #08-00, Singapore 068902
Singapore
Singapore
Employees
Scale: 201-500, 51-200
Estimated: 57
Engaged corporates
9Added in Motherbase
5 years, 1 month agoLargest unified digital finance platform in Southeast Asia with over $4 billion in SME business financing funded.
Funding Societies | Modalku is the largest unified SME digital finance platform in Southeast Asia. It is licensed in Singapore, Indonesia, Thailand, registered in Malaysia, and operates in Vietnam. The FinTech company provides US$1 billion annually of business financing to small and medium-sized enterprises (SMEs). In recent years, it has made strategic milestones including its acquisition of regional digital payments platform CardUp and co-investment into Bank Index in Indonesia.
Funding Societies | Modalku is backed by SoftBank Vision Fund 2, Khazanah Nasional Berhad, CGC Digital (the digital arm of the Credit Guarantee Corporation Malaysia Berhad), SBVA (previously SoftBank Ventures Asia), Peak XV Partners (previously Sequoia Capital India), Alpha JWC Ventures, SMBC Bank, BRI Ventures, VNG Corporation, Rapyd Ventures, Endeavor, EBDI, SGInnovative, Qualgro, and Golden Gate Ventures among others.
It has received accolades through the years including: Brands for Good (2019, 2023), Global SME Excellence Award, Global SME Finance Awards by IFC (2021-2023) Global Startup Awards (2020), MAS FinTech Award (2016, 2021), Singapore’s Fastest-Growing Companies 2024 (a list of 100 companies compiled by The Straits Times and Statista), High-Growth Fintech Companies in Asia-Pacific 2024 (a list of 500 companies compiled by the Financial Times and Statista) .
Funding Societies | Modalku is dedicated to the vision of funding underserved SMEs and making a positive impact in society. We exist to enable fair financial access and providing payment solutions to Southeast Asia.
Check out our story: https://blog.fundingsocieties.com/our-story/
SME Business Loans, Savings and Investments, and SME Digital Lending
As the largest SME digital financing platform in Southeast Asia, we specialise in short-term financing for SMEs and investors. Learn more about our financing or investment solutions.
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