Funding Societies to provide alternative financing to SMEs in SEA

In terms of market education, Funding Societies ensures transparency by “publishing extensive statistics on its loan performance, and provide accurate and comprehensive information about each borrower and their repayment,” said Teo.  “In addition, our founders invest at least hundreds if not thousands (depending on loan size) in every single loan as a vote of confidence. We update our investors regardless of good or bad news. All our SME borrowers have made their repayment, albeit some being late, which we openly share with our investors.”