Lendahand, a Dutch-based crowdfunding platform for SMEs in emerging markets, has agreed to provide Singapore-based Funding Societies with up to 5 million euros to invest in underserved SMEs, predominantly in Indonesia, but also including Singapore and Malaysia.Southeast Asia’s leading SME digital financing platform, Funding Societies (known as Modalku in Indonesia) specializes in short … 0:05. 0:05. About Kelvin Kelvin Teo is the co-founder of Funding Societies. Nevertheless, the principle of only putting up loans that we ourselves would invest in remains the same. But we now do the minimum, as we receive feedback that we ourselves are 'crowding out the crowd'. — Image Credit: Funding Societies. Singapore Funding Societies-Modalku is an online marketplace lending platform for small-medium businesses (commonly known as peer-to-peer P2P lending), operational and licensed/ government approved in Singapore, Indonesia and Malaysia. Funding Societies’s micro loan product allows an all online application and fast disbursal with approval within 24 hours. My co-founder, Reynold Wijaya, and I started Funding Societies in 2015. On March 20, 2017, Teo addressed P2P financing and its role in … George Soros, the founder and chair of the Open Society Foundations, begins his philanthropic work, funding scholarships for Black university students in South Africa during apartheid and for dissidents in communist Eastern Europe to study in the West. Happy New Year 2019! View All num of num Close (Esc) Funding Societies. George Soros is one of the world’s foremost philanthropists. We understand that it is a very busy period for Funding Societies, especially during this crisis period and that you have secured your Series C funding in April 2020. The Founding Fathers of the United States, or simply the Founding Fathers or Founders, were a group of American leaders who united the Thirteen Colonies, led the war for independence from Great Britain, and built a frame of government for the new United States of America upon republican principles during the latter decades of the 18th century. Kelvin Teo, Co-founder and Group CEO of Funding Societies | Modalku said, “We're honoured for the conviction that Lendahand has in us. FUNDING Societies, a digital financing platform for small and medium enterprises in South-east Asia, has named a chief financial officer Singapore Funding Societies is an online marketplace lending platform (commonly known as peer-to-peer P2P lending) platform for small-medium enterprises (SMEs) in Singapore to raise loans, crowd-funded by retail and institutional investors. Companies. Selected as one of the Top 200 FinTech Influencers in Asia and appointed Co-Chairperson for the Marketplace Lending Committee of Singapore FinTech Association, Kelvin has spoken at major conferences such as … The product is suitable for SMEs who need quick funding for cash flow turnaround. By working together with Lendahand, Funding Societies sees a potential long-term partner with like minded goals and values, one that understands how beneficial fast access to capital is for SMEs. Funding Societies hires GoBear co-founder, expands C-suite September 09, 2020 FUNDING Societies, a digital financing platform for small and medium enterprises in South-east Asia, has named a chief financial officer (CFO), chief technology officer (CTO) and chief product officer (CPO). Funding Societies wishes you a prosperous and joyful year ahead! Kelvin Teo, Co-founder and Group CEO of Funding Societies | Modalku said, “We're honoured for the conviction that Lendahand has in us. Wong Kah Meng, Co-founder and CEO, Funding Societies Malaysia. Funding Societies Co-Founder Kelvin Teo was one of the speakers invited to FINNOVASIA KL 2017. Wong Kah Meng, Co-founder and Chief Executive Officer of Funding Societies Malaysia, said, "2020 has been the most tumultuous year for many companies. By working together with Lendahand, Funding Societies sees a potential long-term partner with like minded goals and values, one that understands how beneficial fast access to capital is for SMEs. The committee is made up of online lenders licensed by the Monetary Authority of Singapore of the Capital Market Service License. Share Kelvin is a visionary who wants to bring a positive impact on society. The Funding and Tenders Portal is the single entry point (the Single Electronic Data Interchange Area) for applicants, contractors and experts in funding programmes and procurements managed by … Today, his Foundations fund groups and individuals in more than 120 countries. 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