SG’s Funding Societies garners investment from Samsung Venture

SG’s Funding Societies garners investment from Samsung Venture

Kelvin Teo (left), co-founder and CEO Funding Societies, and Reynold Wijaya, co-founder of the company.

Samsung Venture Investment Corp. led a funding round in peer-to-peer (P2P) digital lending platform Funding Societies, also known as Modalku in Indonesia, the company said in a statement Wednesday.

Crunchbase said the fundraising was a venture round, after a funding round in September and a Series C in June.

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