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Funding Societies Acquires CardUp, Drives Payment Expansion

Funding Societies is buying over regional payments solution, CardUp, for an undisclosed amount, subject to regulatory approvals. It has proposed to acquire CardUp’s payments...

Funding Societies Introduces Islamic FinTech Facilities for SMEs

Funding Societies has introduced its Shariah-compliant trade financing solutions based on Commodity Murabahah (Tawarruq) for creditworthy and underserved Malaysian SMEs seeking to grow their...

Funding Societies Enters Vietnam

Funding Societies (Modalku in Indonesia), was officially launched in Vietnam yesterday, marking its fifth market expansion. Addressing the SME financing gap in Vietnam, where...

Funding Societies Introduces Virtual Credit Card Elevate for Singapore SMEs

Funding Societies has launched Elevate, a virtual card solution for SMEs in Singapore. The card is available on a credit line on the FinTech...

Funding Societies Implements RM67 Million ESOP Buyback

Funding Societies has announced its Employee Stock Option Plan (ESOP) buyback for existing and former employees worth US$16 million (RM67 million). The ESOP buyback...

Funding Societies and MDV in Tech-Based Start-ups, SMEs Financing Venture

Funding Societies Malaysia has partnered with Malaysia Debt Ventures Bhd (MDV), a subsidiary of the Minister of Finance Inc (MOF Inc) and dedicated technology...

Funding Societies Raises US$294 Million for Southeast Asia Expansion

Funding Societies, Southeast Asia’s largest SME digital financing platform, has raised US$144 million (RM605 million) in an oversubscribed Series C+ equity round led by...

Funding Societies Malaysia Achieves RM1 billion in Financing Disbursement

Funding Societies Malaysia has announced that it has achieved RM1 billion disbursement in business financing across more than 17,000 financing deals, directly supporting creditworthy...

Funding Societies launches ‘Top Up & Invest’ Campaign for Year-End Promo

Funding Societies has launched its ‘Top Up & Invest’ campaign for the year end season to encourage investors grow their investments while getting the...

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