Funding Societies (also known as Modalku in Indonesia) is a rapidly growing digital financing platform in Southeast Asia. It focuses on supplying short-term credit to SMEs that are often overlooked by traditional financial institutions, with a particular emphasis on the Indonesian market. The platform offers both secured and unsecured credit products with a term of less than 12 months, using a mix of automated and manual processes for credit assessment. With over €1 billion funded and a pace of around €42 million per month, Funding Societies' robust technology stack and comprehensive historical data set play a pivotal role in automating its operations.
The organisation operates via a hybrid model, using both crowdfunding and balance-sheet funding, typically split 50/50 but varying by region and quarter. Funding Societies Capital (FSC), a wholly-owned entity of the Funding Asia Group, is the official borrower where all balance-sheet lending is registered. This allows for more flexible loan funding, accommodating various borrower limits, loan sizes, government-supported programs, and rapid credit disbursements.
Serving both SMEs (by granting loans) and investors (by issuing notes for a fee), Funding Societies generates both interest and fee income. It has gained support from prominent venture capital investors such as Softbank and Sequoia and established debt investors such as Triodos Bank Capital and Innoven Capital, underlining its significance in the impact investing sphere.
Almennar upplýsingar
| Lántaki | FS Capital Pte Ltd |
| Land | Indónesía |
| Höfuðstöðvar | Singapore |
| Website | https://fundingsocieties.com/ |
| Stofnað | 21 November 2016 |
| Virkur á Lendahand síðan | 19 January 2021 |
| Credit Score | B+ |
Fjárhagsupplýsingar per 2024-06-30
| Yfirlit Eignasafns | €123,721,534 |
| Skuldahlutfall | 89.53% |
| Afskriftarhlutfall | 1.23% |
| % fjárfestingarupphæð í vanskilum (>90 dagar) | 5.52% |
Um Indónesía
Indonesia is a republic with a presidential system. The country is a unitary state, meaning power is centralized with the national government. It is home to hundreds of different indigenous ethnic groups, with the Javanese being the largest and most politically influential. Indonesia has a mixed economy, where the public sector and government play a key role. It boasts the largest economy in Southeast Asia and is a member of the G20.
Síðasta fjármagnaða verkefni
IndónesíaFunding Societies 37
Fjárfestu í Funding Societies, fjártæknivettvangi sem styður lítil og meðalstór fyrirtæki (SME) í Suðaustur-Asíu. Veittu frumkvöðlum eins og Tri, sem rekur flutningafyrirtæki í Indónesíu, kraft til að skila efni á skilvirkan og áreiðanlegan hátt.