Funding Societies

Funding Societies partners VPBank to facilitate SME financing access in Vietnam

Strengthening ties between South-east Asia and Japan is part of this partnership, said Kelvin Teo, Funding Societies group CEO and co-founder.

Funding Societies raises US$25 million from sovereign wealth fund Cool Japan Fund

Harish Venkatesan, head of corporates and business banking, HSBC Singapore (left), and Kelvin Teo, co-founder and group CEO, Funding Societies.

Funding Societies secures third credit facility from HSBC, taps latter’s US$1 billion Asean war chest

Funding Societies group chief executive and co-founder Kelvin Teo says that the tie-up will help extend credit access to businesses facing cash-flow management problems.

Fintech platform Funding Societies obtains investment from Maybank

Funding Societies group chief executive and co-founder Kelvin Teo notes that micro, small and medium enterprises represent 97 per cent of business establishments in Malaysia and contribute 38 per cent to gross domestic product.

Funding Societies obtains investment from Khazanah, CGC Digital

Kelvin Teo (left), Funding Societies co-founder and group CEO; and Fay Chetnakarnkul, Norfund's regional director (Asia).

Fintech platform Funding Societies raises US$7.5 million in debt funding

Funding Societies co-founder and group chief executive Kelvin Teo says the fintech will continue to deepen its financing propositions across its five operating markets.

Funding Societies raises US$27 million in debt from institutional investors

Last year, the Singapore Exchange mandated climate reporting for listed companies and the Monetary Authority of Singapore launched a portal for companies to report ESG data.

To green South-east Asia, help SMEs fund their sustainability efforts

Funding Societies is co-investing with Carro into Indonesian bank, Bank Index, to further their fintech ambitions.

Funding Societies co-invests with Carro for a stake of Indonesian bank Bank Index

(from left) Funding Societies group CEO Kelvin Teo and CardUp founder and CEO Nicki Ramsay.

Funding Societies to acquire payments startup CardUp