Funding Societies acquires Singapore's CardUp to expand payments service

Funding Societies acquires Singapore's CardUp to expand payments service

Co-Founder & CEO Modalku Group Kelvin Teo; Founder and CEO CardUp Nicki Ramsay

Online lending platform Funding Societies, better known as Modalku in Indonesia, on Wednesday announced that it is acquiring online card payments startup CardUp for an undisclosed amount as part of efforts to expand payments services.

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