Funding Societies

lendingp2p lendingsme financing

FOUNDING YEAR: 2015
LOCATION: Singapore
Last Update: 19/01/2021

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About

Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia. We provide business financing to SMEs which is crowdfunded by retail and institutional investors as well as high-net-worth individuals. In 4 years, we have financed over 1,000,000 business loans at over S$1 billion.Founded in 2015 in Singapore, Funding Societies | Modalku is currently licensed and operating in Singapore, Indonesia and Malaysia. We are the most well-funded P2P lending platform in Southeast Asia, with a USD 25 million Series B funding round led by SoftBank Ventures Asia, the early-stage venture capital arm of Japanese investment giant Softbank Group, and supported by Sequoia India, Alpha JWC Ventures and Golden Gate Ventures.We have also achieved global accolades for its works on financial inclusion to make financing accessible to SMEs in Southeast Asia, which includes the MAS FinTech Award, the Global SME Excellence Award from United Nations, and the prestigious global Fintech100.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 to Southeast Asia. Check out our story: https://blog.fundingsocieties.com/our-story/

MEDICI Analysis

Funding Societies is an online platform for SMEs to raise working capital from investors who are willing to crowdlend the SME loans and earn returns. The company offers simple interest term loans, working capital loans and project loans between S$10,000 and S$200,000, for a tenure of 3-24 months with interest rates between 6-14%.

Focus

PRODUCTS & SERVICES

P2P lending platform for SME's

MAIN CLIENTS

Small businesses

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

15,593

AVERAGE VISITS (6 MONTHS)

18,632.37

MONTHLY VISITS GROWTH

-11.46%

VISIT DURATION

2,001

VISIT DURATION GROWTH

357.17%

PAGE VIEWS VISIT

3.62

PAGE VIEWS VISIT GROWTH

4.6%

BOUNCE RATE

43.99%

BOUNCE RATE GROWTH

2.99%

GLOBAL TRAFFIC RANK

990,604

MONTHLY RANK CHANGE

-219,743

MONTHLY RANK GROWTH

-18.16%

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