Funding Societies secures $27m debt funding to support SMEs

Funding Societies secures $27m debt funding to support SMEs

Kelvin Teo, Co-founder and Group CEO, Funding Societies | Modalku.

Southeast Asian online lending platform Funding Societies, popularly known as Modalku in Indonesia, has announced raising $27 million in debt funding from institutional investors led by Asia-focused private credit financier AlteriQ Global.

Edited by: Joymitra Rai