Funding Societies named on the 2018 Fintech 250 list by CB Insights

CB Insights has named Funding Societies to the second annual Fintech 250 list, a prestigious group of emerging private companies working on groundbreaking financial technology. This is also the second consecutive year that Funding Societies has been included in the prestigious list.

CB 250 List of Fintechs

We’re humbled to be nominated alongside global industry players and recognised in our efforts to drive financial inclusion in Southeast Asia where we call home. Funding Societies is determined to continue financing deserving SMEs while offering investors a stable platform for diversificationKelvin Teo, Co-Founder and CEO of Funding Societies

Funding Societies has earned many local as well as global awards and accolades since 2015. At the end of 2017, its Indonesian entity Modalku won the Global SME Excellence Award from United Nations’ ITU Telecom. It is the first and only Asian startup to win the award. In Singapore, Funding Societies received the Fintech Award by Monetary Authority of Singapore, Best in Customer Experience Asia award from Retail Banker International and was conferred as the Hottest Startup in Singapore by Singapore Business Review. Modalku has also been recognised by the Indonesian government as one of the next Indonesian unicorns (NextICorn). The awards reflect local as well as global recognition of FinTech solutions’ positive impact on Southeast Asian societies.


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