Fundraising Fox

Funding Societies

also invests · investor profile

Singapore, SG · Founded 2015 · 472 employees on LinkedIn · 11 known investors

Funding Societies is a Southeast Asian digital financing and debt investment platform providing short-term business loans to SMEs, funded by individual and institutional investors. It offers products such as micro loans, business term loans, accounts payable/receivable financing, and property-backed secured financing across Singapore, Indonesia, Malaysia, Thailand, and Vietnam.

FintechSaaS

Founders & leadership

Funding Societies was founded in 2015 by Kelvin Teo, CPA ☀️ and Reynold Wijaya.

KTKelvin Teo, CPA ☀️
Kelvin Teo, CPA ☀️inFounder
RW
Reynold WijayainCo-founder
KT
Kelvin Teo

Investors · 11

500 GlobalSan Francisco · $150K
Alpha Startups Pre-AcceleratorKuala Lumpur · $11K – $12K
Gobi PartnersHong Kong · $709K – $37M
Golden Gate VenturesSingapore · $473K – $60M
Peak XV PartnersTrianon · $100K – $10M
Runa CapitalSofia · $500K – $5M
SoftBank Vision FundLondon
Vulpes VenturesSingapore · $1M – $12M
Cool Japan FundreportedTokyo
QualgroreportedSingapore
SixThirty VenturesreportedSt. Louis · $100K – $250K

Funding

SEC filings, press & company announcements

$25M disclosed across 1 round · 2024

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 3

by search overlap
DBS28 shared keywordsDBS is a Singapore-based bank offering personal banking, wealth management, and corporate and SME banking services, along with global financial markets solutions. It serves individual consumers, high-net-worth clients, and businesses, and has financed Singapore's growth since 1968.
Wise24 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Wellsfargo24 shared keywordsWells Fargo is a bank offering personal financial products such as checking accounts and a mobile banking app for consumers. Its services include account management, spending insights, and financial guidance.

Companies competing with Funding Societies for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Funding Societies trims losses in 2024 on strong topline growthdealstreetasia.com · Oct 2025Funding Societies overview & statistics | CrowdSpacethecrowdspace.com · May 2025Singapore’s Funding Societies lands $25m investment from Cool Japan Fundfintechfutures.com · Dec 2024'We want to pay it forward': Funding Societies raises $25M to boost capital for SMEs in Southeast Asia | TechCrunchtechcrunch.com · Dec 2024Funding Societies Raises $294 Million To Back Southeast Asia’s SMEsforbes.com · Feb 2022

Frequently asked questions

What does Funding Societies do?
Funding Societies is a Southeast Asian digital financing and debt investment platform providing short-term business loans to SMEs, funded by individual and institutional investors. It offers products such as micro loans, business term loans, accounts payable/receivable financing, and property-backed secured financing across Singapore, Indonesia, Malaysia, Thailand, and Vietnam.
Who founded Funding Societies?
Funding Societies was founded by Kelvin Teo, CPA ☀️, Reynold Wijaya in 2015.
Who are Funding Societies's investors?
Funding Societies's investors include 500 Global, Alpha Startups Pre-Accelerator, Gobi Partners, Golden Gate Ventures, Peak XV Partners, Runa Capital, SoftBank Vision Fund, Vulpes Ventures and 3 more.
How much funding has Funding Societies raised?
Funding Societies has disclosed $25M raised across 1 round.
Where is Funding Societies headquartered?
Funding Societies is headquartered in Singapore, SG.